Loan EMI & Budget Calculator

Calculate your monthly EMI based on a loan amount, or work backward to find your maximum eligible loan amount based on your monthly budget.

1Loan Details

Loan Amount (₹)

₹

Interest Rate (% per annum)

Tenure

Reducing Balance Method

This calculator uses the reducing balance method standard across all Indian banks. Interest is strictly calculated only on the remaining outstanding principal each month, making it cheaper than flat-rate loans.

2Calculation Result

Monthly EMI

₹43,391

Total Interest

₹54,13,879

Principal Amount

₹50,00,000

Total Payment (Pr + Int)

₹1,04,13,879