Mortgage Calculator
Calculate EMI, total interest and amortization
EMI is calculated using the reducing balance method. Prepayments reduce your outstanding principal, saving you significant interest over the loan tenure.
Calculation Result
EMI breakdown and loan details
Enter loan details to calculate EMI
How to Use
- Enter loan amount you wish to borrow
- Enter annual interest rate from your lender
- Enter loan duration in years
- Optionally add prepayment to reduce interest
- Click Calculate to view EMI breakdown