EMI Calculator
Calculate your monthly loan installments for cars, bikes, and other vehicles. Get instant results with detailed breakdowns and payment schedules.
Loan Details
₹
₹50K
₹2Cr
%
3%
20%
years
1 year
7 years
Your Monthly EMI
₹9,560
per month for 5 years
Principal
₹5,00,000
Interest
₹73,600
Total
₹5,73,600
Loan Summary
Loan Amount
₹5,00,000
Interest Rate
8.5% per annum
Loan Tenure
5 years (60 months)
Monthly EMI
₹9,560
Total Interest Payable
₹73,600
Total Amount Payable
₹5,73,600
Payment Schedule
Year | Principal | Interest | Total EMI | Balance |
---|
💡 EMI Tips
Lower Interest Rate
Shop around for the best interest rates. Even 0.5% difference can save thousands.
Higher Down Payment
Increase down payment to reduce loan amount and save on total interest.
Shorter Tenure
Choose shorter tenure if you can afford higher EMI to save on interest.