Income & loans
EMI Calculator
Work out the monthly EMI on a home, car or personal loan, and see how much of what you pay goes to interest.
How this calculator works
EMI on a reducing-balance loan is EMI = P × i × (1 + i)n ÷ ((1 + i)n − 1), where P is the loan, i is the monthly rate and n is the number of months.
Things to keep in mind
- In the early years most of the EMI goes to interest. Part-prepayments then save the most.
- A shorter tenure means a higher EMI but much lower total interest.
- Compare the rate after processing fees and insurance add-ons.
FAQs
How much EMI can I afford?
Banks usually allow total EMIs of 40–50% of take-home pay. Keeping it under 35% leaves room to save.
Does ASLINDIA INVESTMENT arrange loans?
Yes. We help with home loans, loan against property and balance transfers through partner banks and NBFCs.
Get this plan reviewed by an expert
Share your numbers with us on WhatsApp or book a free call. We will turn them into a plan you can act on.