Loan EMI Calculator
Use your own assumptions to calculate EMI, total interest, and total payable from principal and tenure before deciding the next operational step.
Estimate only; confirm current law, facts, and official filing requirements.
Monthly EMI
₹32,502
Total interest
₹1,70,088
Total payable
₹11,70,088
Based on a fixed rate of 10.5% p.a. compounded monthly over 36 months. Actual EMI may differ slightly by lender rounding, processing fees and rate resets.
Amortisation snapshot (first & last instalments)
| Month | EMI | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | ₹32,502 | ₹8,750 | ₹23,752 | ₹9,76,248 |
| 2 | ₹32,502 | ₹8,542 | ₹23,960 | ₹9,52,287 |
| 3 | ₹32,502 | ₹8,333 | ₹24,170 | ₹9,28,117 |
| … | ||||
| 34 | ₹32,502 | ₹838 | ₹31,664 | ₹64,162 |
| 35 | ₹32,502 | ₹561 | ₹31,941 | ₹32,221 |
| 36 | ₹32,502 | ₹282 | ₹32,221 | ₹0 |
Keep a copy of this result
Get a clean, printable copy. Want help acting on it? Leave your email and a CaseDocker expert will follow up.
No email needed:
Method and sources
Applies the standard reducing-balance EMI formula to the entered principal, annual rate, and tenure.
Frequently asked questions
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where P is the loan principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the tenure in months.
Yes, on a standard fixed-rate reducing-balance loan the EMI amount stays constant for the full tenure, but the split between interest and principal changes each month — interest reduces and principal repayment increases as the outstanding balance falls.
Yes, the same formula is commonly used to structure a fixed monthly instalment plan for an overdue amount or settlement, though the applicable rate and terms should be agreed and recorded in writing.
Make this repeatable in CaseDocker
Keep recovery amounts, dates, notices, and follow-up activity connected in one workflow.
- Link notices and recovery actions
- Keep portfolio work visible
Reviewed 2026-09-14. Reserve Bank of India