Calculate your loan EMI for FY 2025-26 with our free India Loan EMI Calculator. Suitable for home, car, personal, or other loans from ₹50,000 to ₹1 crore.
Enter your loan amount, interest rate, and tenure to estimate monthly EMI, total interest, and repayment schedule, with a visual breakdown of principal and interest.
| Month | EMI (₹) | Principal (₹) | Interest (₹) | Balance (₹) |
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EMI is calculated using the formula: EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is the loan amount, r is the monthly interest rate, and n is the repayment months.
Loan interest rates in India for FY 2025-26 typically range from 8% to 24% per annum, depending on the loan type, lender, and borrower profile.
Loan tenures in India vary by type: personal loans up to 7 years, home loans up to 30 years, and car loans up to 7 years.
Yes, most lenders allow prepayment after a lock-in period (e.g., 6–12 months), often with a penalty of 2–5%. Check with your lender.