CREDIT DESK

Professional credit analysis calculators

EMI Calculator

Monthly instalment, total interest cost, and full amortization schedule

Loan Parameters

Amortization Schedule

Formula

EMI = P × r × (1+r)ⁿ ÷ [(1+r)ⁿ − 1]

where r = annual rate / 12 / 100, n = tenure in months

Monthly EMI

₹ 9,984

Loan Amount₹ 10,00,000
Total Interest₹ 13,96,112
Total Payable₹ 23,96,112

Principal vs Interest

Principal 41.7%Interest 58.3%