EMI calculator
Works out the monthly instalment on a loan from the amount, the interest rate and the tenure, and shows how much of it is interest.
Illustrative only — this is not a projection or a promise of returns. Every figure below is arithmetic applied to the rate of return you typed in. H2 Investment is not suggesting that rate, forecasting it, or promising it. Returns are market-linked, vary from year to year, and can be negative.
What this is, and what it isn’t
This is arithmetic on the numbers you typed. It compounds them at the rate you chose and shows you the result. That is all it does.
It is an illustration, not a projection. It is not a forecast, not a recommendation, and not an offer. Nobody knows what any investment will return, so the rate you enter is an assumption you are making, not a rate anyone is offering you. Real returns arrive unevenly — good years, flat years and falling years, in an order nobody can predict — and that order matters as much as the average.
Use the output the way you’d use a rough estimate on the back of an envelope: to see whether the shape of a plan is roughly right, not to decide what a specific rupee amount will be worth on a specific date.
This is an illustration, not a quote, and we are not a lender. Your bank’s sanction letter is the only number that binds anyone. We include this because an EMI and an SIP compete for the same monthly salary, and it helps to see both.
What this calculation assumes
The standard formula: EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where r is the monthly rate and n the number of months. The assumptions:
- The rate never changes. On a floating-rate loan it will. When rates rise, most Indian lenders hold the EMI steady and extend the tenure instead, so the number that moves is the one people don’t watch.
- No prepayment. A single prepayment early in the term removes a disproportionate amount of interest, because the early instalments are mostly interest.
- Nothing added on top. Processing fees, documentation charges, insurance premiums bundled into the loan, and late-payment charges are all excluded.
- Every instalment paid on the due date.
Talk to us
If you’d rather go through your own numbers with a person than a form, that’s what we’re for. You’ll speak to Himani, who runs H2 — the same person every time.
Other calculators
See all calculators. None of these ask for your name, your phone number or your PAN. Nothing you type is stored or sent anywhere. Use them as often as you like without hearing from us.