EMI & Advance EMI Calculator

Compute EMI in arrears or in advance, add any number of part-prepayments (reduce tenure or reduce EMI), and get the full repayment schedule with charts. Reducing-balance method.

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Loan inputs

Loan

Loan amount

Interest rate (% p.a.)

Tenure

EMI type

Standard EMI — each instalment falls due at the end of the month.

Start date (for schedule)

Prepayments

When a prepayment is made, it should…

Add as many as you like — e.g. a lump sum at month 12, another at month 36.

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Where your money goes

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Outstanding balance

With prepaymentWithout prepayment

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Yearly principal vs interest

PrincipalInterest

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Repayment schedule

Indicative only. Uses the reducing-balance (monthly rest) method with a constant nominal rate. Advance EMI is modelled as an annuity-due (instalment at the start of the period), which is marginally lower than the arrears EMI. Real loans may use daily rests, different rounding, processing fees, floating rates and prepayment charges — confirm figures with the lender's sanction terms.