How does an EMI calculator with prepayment work?

Our EMI calculator with prepayment allows you to enter lump sum amounts you plan to pay ahead of schedule. It instantly recalculates your loan to show how many months your tenure will be reduced and the total interest you will save over the loan's lifetime.

Can this calculator handle floating interest rates?

Yes, our tool includes a feature for floating interest rate analysis. You can simulate how your EMI or loan tenure will change if the interest rate increases or decreases during your repayment period, helping you prepare for different economic scenarios.

What is a loan amortization schedule?

The amortization schedule provides a detailed, month-by-month breakdown of your EMI payments. It clearly shows how much of each payment goes towards the principal amount versus the interest, giving you a transparent view of your loan repayment journey.

The Most Advanced EMI Calculator

Calculate accurate EMI with realistic features that banks use: detailed amortization schedule, prepayment impact analysis, and floating rate scenarios. Make informed loan decisions with complete transparency.

Amortization Table

Month-by-month principal vs interest breakdown

Prepayment Impact

See how prepayments save interest & reduce tenure

Rate Change Analysis

Understand floating interest rate impact on EMI

Accurate Calculations

Bank-grade precision for all loan types

Advanced EMI Planner

Adjust inputs with sliders for immediate feedback on your loan EMI, prepayment savings, and amortization schedule.

Loan Amount₹50,00,000

Interest Rate8.5%

Loan Tenure20 Yrs

Loan Start Year

The year your loan repayment begins.

Loan Start Month

The month your loan repayment begins (1 for January, 12 for December).

EMI Calculation Summary

The fixed monthly payment due to the lender.

Monthly EMI

₹0

The total interest paid over the loan's lifetime, including all changes.

Total Interest

₹0

The total amount paid (Principal + Interest).

Total Payable

₹0

The revised loan duration after accounting for prepayments.

New Tenure

0 Yrs 0 Mos

Savings Breakdown (with Prepayments)

The total amount of extra principal you plan to pay.

Total Prepayments

₹0

The total interest saved from the original loan schedule due to prepayments.

Interest Saved (Gross)

₹0

The net financial benefit (Interest Saved - Prepayments Made).

Net Prepayment Savings

₹0

Interest saved/added due to floating rate changes.

Rate Change Impact

₹0

Interest Rate Changes
Model future changes in your interest rate. The EMI will be recalculated from the month of change.

Prepayments
Add any extra payments you plan to make. One-time or recurring annual prepayments.

Why Choose Our Advanced EMI Calculator?

Realistic Prepayment Analysis

Unlike basic calculators, see exactly how prepayments affect your loan. Choose between reducing tenure or EMI amount, and calculate precise interest savings.

Floating Rate Impact

Plan for interest rate changes during your loan tenure. Understand how rate hikes or cuts affect your monthly budget and total loan cost.

Complete Amortization Schedule

View month-by-month breakdown of principal and interest payments. Export to CSV for detailed financial planning and loan tracking.

Multiple Loan Types

Calculate EMI for home loans, car loans, personal loans, business loans. All calculations use bank-standard formulas for accurate results.

Mobile Optimized

Calculate EMI on-the-go with our responsive design. All features work seamlessly on mobile devices for quick loan planning.

Privacy Focused

All calculations happen in your browser. No personal data is stored or shared with third parties.

Perfect For All Your Loan Planning Needs

Home Loan Planning

Compare different EMI amounts for various loan amounts
Plan prepayment strategy with bonus or increment money
Analyze impact of rate changes on home loan EMI

Car Loan Analysis

Find affordable EMI for your dream car
Compare loan tenure vs EMI trade-offs
Plan early closure with prepayments

Personal Loan Strategy

Calculate EMI for various loan amounts and tenures
Plan prepayment to reduce interest burden
Compare fixed vs floating rate impact

Finance Manager