page • September 10, 2026
EMI Calculator
By CorporateTrader Editorial
•
Published September 10, 2026
•
Updated September 16, 2026
EMI Calculator
Calculate Home Loan EMI for Rs50L at 8.5% for 20 years = Rs43,391/month. Total interest Rs54.13L. Read More
Loan Details
3.2M Indians search monthly
Loan Amount
Principal
₹
Your monthly EMI will be
₹ 43,391
Principal
₹ 50,00,000
Total Interest
₹ 54,13,879
Total Payment₹ 1,04,13,879
EMI Formula India
EMI = P × r × (1+r)^n / [(1+r)^n -1] where P=loan amount, r=monthly rate (annual/12/100), n=months (years*12)
Example: P=50L, r=8.5%/12=0.00708, n=20*12=240: EMI = 50L×0.00708×(1.00708)^240/[(1.00708)^240-1] = ₹43,391/month. Total interest ₹54.13L, total payment ₹1.04Cr.
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