Advanced EMI Calculator
Loan Details
Repayment Strategy
Standard reducing-balance estimate, before optional extra payments.
Repayment Composition
Principal₹50,00,000
Interest₹54,13,840
Upfront fees₹25,000
What the numbers mean
Interest is a substantial part of the total repayment over the selected tenure.
Use the Prepayment Planner tab to estimate possible interest savings and an earlier closure date.
Even a modest rate change can affect the EMI or total interest. Compare alternative rates before choosing.
Assess the instalment alongside existing EMIs, household expenses, savings and an emergency reserve.
Prepayment Impact
Model additional monthly payments and a one-time principal reduction.
Prepayment comparison
Enter an additional payment to see its estimated effect.
Outstanding Balance Journey
Illustrative balance path using the selected repayment strategy.
Prepayment principles
- Part-prepayments generally reduce outstanding principal, which can reduce future interest.
- Confirm whether your lender applies the benefit by reducing tenure, EMI, or offers a choice.
- Check applicable charges, minimum amount, timing rules and any product-specific restrictions.
- Do not compromise emergency savings solely to accelerate loan repayment.
Compare Loan Scenarios
Compare your current assumptions with an alternative rate and tenure.
EMI and Interest Comparison
Current and alternative scenario use the same principal with their respective rate and tenure.
Scenario comparison
| Measure | Current | Alternative |
|---|---|---|
| Monthly EMI | — | — |
| Total interest | — | — |
| Total repayment | — | — |
| Tenure | — | — |
Amortization Schedule
Review principal, interest and outstanding balance by year or month.
Outstanding Principal Trend
Balance is shown at yearly intervals; final period reflects estimated closure.
| Period | Opening balance | Instalment | Principal | Interest | Closing balance |
|---|---|---|---|---|---|
| Calculating schedule… | |||||
Figures are illustrative and may differ from lender statements due to daily accrual, payment dates, rounding, rate resets or fees.
Note: Estimates only. Actual lender calculations, fees and prepayment terms may differ.