Business wire
India moves to block imports linked to forced labour amid USTR probe · 2 hours ago US eases Russia sanctions bill, cuts tariff threat on India and China from 500% to 100% · 4 hours ago India Post crosses Rs 4,000 crore quarterly revenue for first time; Q1 turnover jumps 22% · 6 hours ago Trump admin’s Section 301 probe: Why India’s ban on import of goods produced through use of forced labour is important · 9 hours ago Export boost, cheaper cars & whisky: India-UK trade deal comes into effect from July 15 - How India & Indians will benefit · 10 hours ago Why is IBM stock crashing today? Shares plunge over 25% - here’s what’s driving the fall · 10 hours ago Govt releases first services production index; 14 of 19 sub-sectors post double-digit growth · 10 hours ago US stocks today: Wall Street trades in green; stocks steady as US inflation data better than expected · 11 hours ago Trump’s 'guardian' fee: How much would a supertanker have to pay to cross Strait of Hormuz? · 12 hours ago Not so ‘treasured’ anymore! Why India, China are stacking up gold and trimming US Treasuries exposure · 13 hours ago Railways tightens norms for project contractors; unveils covered fly ash transport and rolls out unified licence · 13 hours ago China's exports surge 27% in June on AI boom, trade surplus widens to $125.6 billion · 18 hours ago India moves to block imports linked to forced labour amid USTR probe · 2 hours ago US eases Russia sanctions bill, cuts tariff threat on India and China from 500% to 100% · 4 hours ago India Post crosses Rs 4,000 crore quarterly revenue for first time; Q1 turnover jumps 22% · 6 hours ago Trump admin’s Section 301 probe: Why India’s ban on import of goods produced through use of forced labour is important · 9 hours ago Export boost, cheaper cars & whisky: India-UK trade deal comes into effect from July 15 - How India & Indians will benefit · 10 hours ago Why is IBM stock crashing today? Shares plunge over 25% - here’s what’s driving the fall · 10 hours ago Govt releases first services production index; 14 of 19 sub-sectors post double-digit growth · 10 hours ago US stocks today: Wall Street trades in green; stocks steady as US inflation data better than expected · 11 hours ago Trump’s 'guardian' fee: How much would a supertanker have to pay to cross Strait of Hormuz? · 12 hours ago Not so ‘treasured’ anymore! Why India, China are stacking up gold and trimming US Treasuries exposure · 13 hours ago Railways tightens norms for project contractors; unveils covered fly ash transport and rolls out unified licence · 13 hours ago China's exports surge 27% in June on AI boom, trade surplus widens to $125.6 billion · 18 hours ago
Wednesday, 15 Jul 2026 · IST
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EMI Calculator

Loan EMI calculator

Loan inputs

Result

Monthly EMI
Principal
Total interest
Total payment

How EMI is calculated

EMI = P × r × (1+r)n / ((1+r)n − 1)

Where P = principal, r = monthly interest rate (annual rate / 12 / 100), n = total monthly instalments.

Where each EMI goes

Early in the loan, ~70-80% of each EMI is interest. As the principal shrinks, the interest portion drops and the principal repayment grows. By the last few years, most of each EMI is going to principal. This is why prepaying early reduces total interest dramatically — every rupee prepaid stops accruing interest for the full remaining tenure.