Loan EMI Calculator
Loan Details:
₹10,00,000
₹10K
₹50L
8.5%
1%
30%
5 Years
1 Year
30 Years
Monthly EMI
₹20,468
Total Interest
₹2,28,085
Total Payment
₹12,28,085
Payment Breakdown
Amortization Schedule
| Month | EMI | Principal | Interest | Balance |
|---|
Loan Tips:
- Shorter loan terms generally have higher EMIs but lower total interest
- Even a small reduction in interest rate can save you thousands
- Consider making prepayments to reduce your interest burden
- Compare loan offers from multiple lenders for best rates