How does the prepayment feature work in EMI calculator?

Our prepayment calculator shows exactly how much interest you save and how it affects your loan tenure or EMI amount. You can choose to either reduce your remaining tenure or lower your monthly EMI after making a prepayment.

What is floating interest rate impact analysis?

This feature helps you understand how interest rate changes affect your existing loan. You can see the impact on your EMI amount or loan tenure when rates go up or down during your loan period.

How accurate is the EMI amortization schedule?

Our amortization schedule shows month-by-month breakdown of principal and interest payments, helping you understand exactly how much of each EMI goes toward reducing your loan balance versus interest charges.

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

Smart EMI Calculator

Calculate your loan EMI with prepayments and interest rate changes. Get detailed amortization schedule and optimize your loan repayment strategy.

Loan Amount (₹)

The total principal amount of the loan you are taking.

Interest Rate (% per annum)

The starting yearly interest rate for the loan.

Loan Tenure (Years)

The original duration over which you will repay the loan.

Loan Start Year

The year your loan repayment begins.

Loan Start Month

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

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 prepayments or recurring annual prepayments. All prepayments reduce the principal, shortening the loan tenure and saving interest.

EMI Calculation Summary

Monthly EMI

The first EMI calculated based on your initial loan terms. Note: This may change if the interest rate is updated.

₹0

Total Interest

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

₹0

Total Payable

The total amount you will have paid (Principal + Interest).

₹0

New Tenure

The revised loan duration after accounting for your prepayments and rate changes.

0 Yrs 0 Mos

Savings Breakdown

Total Prepayments Made

The total amount of prepayments you will make over the loan duration.

₹0

Gross Savings

The grossamount saved from the intial plan due to your prepayments.

₹0

Net Savings (Prepayments)

The net benefit from prepayments: Interest saved minus the prepayment amounts. This can be negative if prepayments exceed interest saved.

₹0

Interest Saved (Rate Changes)

The full interest amount saved due to favorable interest rate changes.

₹0

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

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