Loan Calculator
Inputs
Loan Calculator
Personal, home, car and education loan EMI with amortization.
Primary result
Monthly EMI
₹11,122
Breakdown
Loan typepersonal
Principal₹5,00,000
Total interest₹1,67,320
Total payment₹6,67,320
● Principal
● Interest
Yearly summary
| Year | Principal paid | Interest paid | EMI total | Closing balance |
|---|---|---|---|---|
| 1 | ₹77,642 | ₹55,822 | ₹1,33,464 | ₹4,22,358 |
| 2 | ₹87,489 | ₹45,975 | ₹1,33,464 | ₹3,34,868 |
| 3 | ₹98,585 | ₹34,879 | ₹1,33,464 | ₹2,36,283 |
| 4 | ₹1,11,088 | ₹22,376 | ₹1,33,464 | ₹1,25,195 |
| 5 | ₹1,25,195 | ₹8,287 | ₹1,33,464 | ₹0 |
Amortization (monthly)
| Month | Opening | EMI | Principal | Interest | Closing |
|---|---|---|---|---|---|
| 1 | ₹5,00,000 | ₹11,122 | ₹6,122 | ₹5,000 | ₹4,93,878 |
| 2 | ₹4,93,878 | ₹11,122 | ₹6,183 | ₹4,939 | ₹4,87,695 |
| 3 | ₹4,87,695 | ₹11,122 | ₹6,245 | ₹4,877 | ₹4,81,450 |
| 4 | ₹4,81,450 | ₹11,122 | ₹6,308 | ₹4,815 | ₹4,75,142 |
| 5 | ₹4,75,142 | ₹11,122 | ₹6,371 | ₹4,751 | ₹4,68,772 |
| 6 | ₹4,68,772 | ₹11,122 | ₹6,434 | ₹4,688 | ₹4,62,337 |
| 7 | ₹4,62,337 | ₹11,122 | ₹6,499 | ₹4,623 | ₹4,55,839 |
| 8 | ₹4,55,839 | ₹11,122 | ₹6,564 | ₹4,558 | ₹4,49,275 |
| 9 | ₹4,49,275 | ₹11,122 | ₹6,629 | ₹4,493 | ₹4,42,646 |
| 10 | ₹4,42,646 | ₹11,122 | ₹6,696 | ₹4,426 | ₹4,35,950 |
| 11 | ₹4,35,950 | ₹11,122 | ₹6,763 | ₹4,360 | ₹4,29,188 |
| 12 | ₹4,29,188 | ₹11,122 | ₹6,830 | ₹4,292 | ₹4,22,358 |
| 13 | ₹4,22,358 | ₹11,122 | ₹6,898 | ₹4,224 | ₹4,15,459 |
| 14 | ₹4,15,459 | ₹11,122 | ₹6,967 | ₹4,155 | ₹4,08,492 |
| 15 | ₹4,08,492 | ₹11,122 | ₹7,037 | ₹4,085 | ₹4,01,455 |
| 16 | ₹4,01,455 | ₹11,122 | ₹7,107 | ₹4,015 | ₹3,94,347 |
| 17 | ₹3,94,347 | ₹11,122 | ₹7,179 | ₹3,943 | ₹3,87,169 |
| 18 | ₹3,87,169 | ₹11,122 | ₹7,250 | ₹3,872 | ₹3,79,919 |
| 19 | ₹3,79,919 | ₹11,122 | ₹7,323 | ₹3,799 | ₹3,72,596 |
| 20 | ₹3,72,596 | ₹11,122 | ₹7,396 | ₹3,726 | ₹3,65,200 |
| 21 | ₹3,65,200 | ₹11,122 | ₹7,470 | ₹3,652 | ₹3,57,730 |
| 22 | ₹3,57,730 | ₹11,122 | ₹7,545 | ₹3,577 | ₹3,50,185 |
| 23 | ₹3,50,185 | ₹11,122 | ₹7,620 | ₹3,502 | ₹3,42,565 |
| 24 | ₹3,42,565 | ₹11,122 | ₹7,696 | ₹3,426 | ₹3,34,868 |
| 25 | ₹3,34,868 | ₹11,122 | ₹7,773 | ₹3,349 | ₹3,27,095 |
| 26 | ₹3,27,095 | ₹11,122 | ₹7,851 | ₹3,271 | ₹3,19,244 |
| 27 | ₹3,19,244 | ₹11,122 | ₹7,930 | ₹3,192 | ₹3,11,315 |
| 28 | ₹3,11,315 | ₹11,122 | ₹8,009 | ₹3,113 | ₹3,03,306 |
| 29 | ₹3,03,306 | ₹11,122 | ₹8,089 | ₹3,033 | ₹2,95,217 |
| 30 | ₹2,95,217 | ₹11,122 | ₹8,170 | ₹2,952 | ₹2,87,047 |
| 31 | ₹2,87,047 | ₹11,122 | ₹8,252 | ₹2,870 | ₹2,78,795 |
| 32 | ₹2,78,795 | ₹11,122 | ₹8,334 | ₹2,788 | ₹2,70,461 |
| 33 | ₹2,70,461 | ₹11,122 | ₹8,417 | ₹2,705 | ₹2,62,044 |
| 34 | ₹2,62,044 | ₹11,122 | ₹8,502 | ₹2,620 | ₹2,53,542 |
| 35 | ₹2,53,542 | ₹11,122 | ₹8,587 | ₹2,535 | ₹2,44,956 |
| 36 | ₹2,44,956 | ₹11,122 | ₹8,672 | ₹2,450 | ₹2,36,283 |
| 37 | ₹2,36,283 | ₹11,122 | ₹8,759 | ₹2,363 | ₹2,27,524 |
| 38 | ₹2,27,524 | ₹11,122 | ₹8,847 | ₹2,275 | ₹2,18,677 |
| 39 | ₹2,18,677 | ₹11,122 | ₹8,935 | ₹2,187 | ₹2,09,742 |
| 40 | ₹2,09,742 | ₹11,122 | ₹9,025 | ₹2,097 | ₹2,00,718 |
| 41 | ₹2,00,718 | ₹11,122 | ₹9,115 | ₹2,007 | ₹1,91,603 |
| 42 | ₹1,91,603 | ₹11,122 | ₹9,206 | ₹1,916 | ₹1,82,397 |
| 43 | ₹1,82,397 | ₹11,122 | ₹9,298 | ₹1,824 | ₹1,73,099 |
| 44 | ₹1,73,099 | ₹11,122 | ₹9,391 | ₹1,731 | ₹1,63,708 |
| 45 | ₹1,63,708 | ₹11,122 | ₹9,485 | ₹1,637 | ₹1,54,223 |
| 46 | ₹1,54,223 | ₹11,122 | ₹9,580 | ₹1,542 | ₹1,44,643 |
| 47 | ₹1,44,643 | ₹11,122 | ₹9,676 | ₹1,446 | ₹1,34,968 |
| 48 | ₹1,34,968 | ₹11,122 | ₹9,772 | ₹1,350 | ₹1,25,195 |
| 49 | ₹1,25,195 | ₹11,122 | ₹9,870 | ₹1,252 | ₹1,15,325 |
| 50 | ₹1,15,325 | ₹11,122 | ₹9,969 | ₹1,153 | ₹1,05,356 |
| 51 | ₹1,05,356 | ₹11,122 | ₹10,068 | ₹1,054 | ₹95,288 |
| 52 | ₹95,288 | ₹11,122 | ₹10,169 | ₹953 | ₹85,119 |
| 53 | ₹85,119 | ₹11,122 | ₹10,271 | ₹851 | ₹74,848 |
| 54 | ₹74,848 | ₹11,122 | ₹10,374 | ₹748 | ₹64,475 |
| 55 | ₹64,475 | ₹11,122 | ₹10,477 | ₹645 | ₹53,997 |
| 56 | ₹53,997 | ₹11,122 | ₹10,582 | ₹540 | ₹43,415 |
| 57 | ₹43,415 | ₹11,122 | ₹10,688 | ₹434 | ₹32,727 |
| 58 | ₹32,727 | ₹11,122 | ₹10,795 | ₹327 | ₹21,933 |
| 59 | ₹21,933 | ₹11,122 | ₹10,903 | ₹219 | ₹11,030 |
| 60 | ₹11,030 | ₹11,122 | ₹11,030 | ₹110 | ₹0 |
Formula
Same reducing-balance EMI as the EMI calculator.
Loan type does not change the formula. It only labels the product. Lenders may still add fees, insurance or floating-rate resets.
Example
Home loan ₹50 lakh, 20 years
FAQ
Which loan is cheapest?
Usually home loans have lower rates than personal loans because they are secured.
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