The instalment
Your EMI — equated monthly instalment — is the fixed amount you repay each month. It stays level while the rate does; on a floating rate it changes when the lender's rate changes.
Tools · Repayment estimate
The EMI calculator.
An indicative monthly instalment — the EMI, or equated monthly instalment — for the loan you are weighing, with the total cost and a schedule that shows where the money goes.
Tenure
Estimated monthly instalment
- Total interest
- ₹37,89,715
- Total payable
- ₹72,89,715
- Tenure
- 20 yr
- Principal₹35,00,000
- Interest₹37,89,715
Year-by-year repayment schedule
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹69,658 | ₹2,94,828 | ₹34,30,342 |
| 2 | ₹75,815 | ₹2,88,671 | ₹33,54,527 |
| 3 | ₹82,517 | ₹2,81,969 | ₹32,72,010 |
| 4 | ₹89,810 | ₹2,74,676 | ₹31,82,200 |
| 5 | ₹97,749 | ₹2,66,737 | ₹30,84,451 |
| 6 | ₹1,06,389 | ₹2,58,097 | ₹29,78,063 |
| 7 | ₹1,15,793 | ₹2,48,693 | ₹28,62,270 |
| 8 | ₹1,26,028 | ₹2,38,458 | ₹27,36,243 |
| 9 | ₹1,37,167 | ₹2,27,319 | ₹25,99,075 |
| 10 | ₹1,49,292 | ₹2,15,194 | ₹24,49,784 |
| 11 | ₹1,62,488 | ₹2,01,998 | ₹22,87,296 |
| 12 | ₹1,76,850 | ₹1,87,636 | ₹21,10,446 |
| 13 | ₹1,92,482 | ₹1,72,004 | ₹19,17,964 |
| 14 | ₹2,09,496 | ₹1,54,990 | ₹17,08,469 |
| 15 | ₹2,28,013 | ₹1,36,473 | ₹14,80,456 |
| 16 | ₹2,48,167 | ₹1,16,318 | ₹12,32,288 |
| 17 | ₹2,70,103 | ₹94,383 | ₹9,62,185 |
| 18 | ₹2,93,978 | ₹70,508 | ₹6,68,207 |
| 19 | ₹3,19,963 | ₹44,523 | ₹3,48,245 |
| 20 | ₹3,48,245 | ₹16,241 | ₹0 |
Indicative only. It excludes processing fees, insurance, taxes and any lender-specific charges, and it is not an offer of credit.
Reading the numbers
What the figures actually mean.
An instalment is easy to read and easy to misread. Three things worth understanding before you act on any number here.
The split
Early instalments are mostly interest and little principal. Over time that reverses. The bar and the balance curve show how slowly the balance falls at first.
The total
Total interest is the real cost of borrowing over the tenure. A longer tenure lowers the instalment and raises this number — the trade-off worth making consciously.
Limits
What this calculator does not include.
- Processing fees, legal and valuation charges, and insurance.
- Taxes and statutory charges such as stamp duty and registration.
- Changes to a floating rate over the tenure.
- Moratorium periods, where interest may accrue but no instalment is paid.
- Lender-specific conditions that alter the schedule.
This calculator is an indicative planning aid. It is not a quote and not an offer of credit, and it cannot promise or predict the terms a lender will offer. The Loan CA is not licensed, registered or regulated by the Reserve Bank of India, and is not approved, endorsed by, or affiliated with the RBI or the Institute of Chartered Accountants of India (ICAI). Full disclosures →