How is personal loan EMI calculated?
The EMI is calculated from the loan amount, monthly interest rate and repayment tenure using the standard reducing-balance EMI formula.
Calculate the EMI for a personal loan and compare repayment options before you apply.
Adjust the loan details to compare monthly repayments and the total cost of borrowing.
Loan details
Presets
Loan summary
Principal Investment
₹5,00,000
Interest Surcharge
₹97,858
Total Cumulative Payment
₹5,97,858
Use this personal loan EMI calculator to estimate a monthly repayment for planned expenses such as medical care, travel, home improvements or debt consolidation. Adjust the amount, rate and tenure to find an instalment that works with your monthly budget.
The EMI is calculated from the loan amount, monthly interest rate and repayment tenure using the standard reducing-balance EMI formula.
Yes. Spreading the principal across more months generally lowers the monthly EMI, although the total interest paid may increase.
Detailed month-on-month principal and interest allocation breakdown.
| Timeline | Expected EMI | Principal Cleared | Interest Accrued | Outstanding Balance |
|---|---|---|---|---|
| Month 1 | ₹16,607 | ₹11,607 | ₹5,000 | ₹4,88,393 |
| Month 2 | ₹16,607 | ₹11,723 | ₹4,884 | ₹4,76,670 |
| Month 3 | ₹16,607 | ₹11,840 | ₹4,767 | ₹4,64,829 |
| Month 4 | ₹16,607 | ₹11,959 | ₹4,648 | ₹4,52,870 |
| Month 5 | ₹16,607 | ₹12,078 | ₹4,529 | ₹4,40,792 |
| Month 6 | ₹16,607 | ₹12,199 | ₹4,408 | ₹4,28,593 |
| Month 7 | ₹16,607 | ₹12,321 | ₹4,286 | ₹4,16,271 |
| Month 8 | ₹16,607 | ₹12,444 | ₹4,163 | ₹4,03,827 |
| Month 9 | ₹16,607 | ₹12,569 | ₹4,038 | ₹3,91,258 |
| Month 10 | ₹16,607 | ₹12,695 | ₹3,913 | ₹3,78,563 |
| Month 11 | ₹16,607 | ₹12,822 | ₹3,786 | ₹3,65,742 |
| Month 12 | ₹16,607 | ₹12,950 | ₹3,657 | ₹3,52,792 |
| Month 13 | ₹16,607 | ₹13,079 | ₹3,528 | ₹3,39,713 |
| Month 14 | ₹16,607 | ₹13,210 | ₹3,397 | ₹3,26,503 |
| Month 15 | ₹16,607 | ₹13,342 | ₹3,265 | ₹3,13,161 |
| Month 16 | ₹16,607 | ₹13,476 | ₹3,132 | ₹2,99,685 |
| Month 17 | ₹16,607 | ₹13,610 | ₹2,997 | ₹2,86,075 |
| Month 18 | ₹16,607 | ₹13,746 | ₹2,861 | ₹2,72,329 |
| Month 19 | ₹16,607 | ₹13,884 | ₹2,723 | ₹2,58,445 |
| Month 20 | ₹16,607 | ₹14,023 | ₹2,584 | ₹2,44,422 |
| Month 21 | ₹16,607 | ₹14,163 | ₹2,444 | ₹2,30,259 |
| Month 22 | ₹16,607 | ₹14,305 | ₹2,303 | ₹2,15,955 |
| Month 23 | ₹16,607 | ₹14,448 | ₹2,160 | ₹2,01,507 |
| Month 24 | ₹16,607 | ₹14,592 | ₹2,015 | ₹1,86,915 |
| Month 25 | ₹16,607 | ₹14,738 | ₹1,869 | ₹1,72,177 |
| Month 26 | ₹16,607 | ₹14,885 | ₹1,722 | ₹1,57,291 |
| Month 27 | ₹16,607 | ₹15,034 | ₹1,573 | ₹1,42,257 |
| Month 28 | ₹16,607 | ₹15,185 | ₹1,423 | ₹1,27,073 |
| Month 29 | ₹16,607 | ₹15,336 | ₹1,271 | ₹1,11,736 |
| Month 30 | ₹16,607 | ₹15,490 | ₹1,117 | ₹96,246 |
| Month 31 | ₹16,607 | ₹15,645 | ₹962 | ₹80,602 |
| Month 32 | ₹16,607 | ₹15,801 | ₹806 | ₹64,801 |
| Month 33 | ₹16,607 | ₹15,959 | ₹648 | ₹48,841 |
| Month 34 | ₹16,607 | ₹16,119 | ₹488 | ₹32,723 |
| Month 35 | ₹16,607 | ₹16,280 | ₹327 | ₹16,443 |
| Month 36 | ₹16,607 | ₹16,443 | ₹164 | ₹0 |