EMI calculator
Calculate your EMI
5paisa personal loan calculator helps you calculate your estimated EMIs with ease.
All you need to do is key-in the desired amount, tenure and interest rate.
- Principal
- Interest
What is an EMI?
An Equated Monthly Instalment (EMI) is a fixed monthly payment used to clear off your outstanding loan. You entire repayment amount is divided into equal parts for the number of months, you choose to repay the amount.
What is an EMI calculator?
This personal loan calculator helps you calculate approximate amount you might need to pay in the form of EMI. The personal loan EMI is calculated taking the loan principal, the rate of interest, and the loan tenor into consideration.
How to use the Personal Loan EMI Calculator?
EMI calculator is a very user-friendly tool. All you need to do is key in your loan amount, tenor (in months), and rate of interest.
Using all the information provided, the calculator will help you gauge the approximate EMI amount. The calculator runs the information provided by you against the EMI formula to help you get the numbers.
Your Loan Repayment Schedule
Check your repayment schedule in regular instalments Year on Year
| Year | EMI x 12 | Interest (Yearly) | Principal (Yearly) | Outstanding Balance |
|---|---|---|---|---|
| 1 | 50,821 | 24,389 | 26,432 | 1,53,568 |
| 2 | 50,821 | 20,291 | 30,530 | 1,23,038 |
| 3 | 50,821 | 15,558 | 35,263 | 87,775 |
| 4 | 50,821 | 10,091 | 40,730 | 47,045 |
| 5 | 50,821 | 3,776 | 47,045 | 0 |
EMI Calculator FAQs
5paisa Loans is India's preferred lending platform that ensures premier service, transparent processes and healthy ROI for its lenders. It’s a platform that connects lenders, looking for higher returns and portfolio diversification, with verified creditworthy borrowers. 5paisa Loans provides customized loan products and alternate investment option where the borrower gets a loan at a very competitive interest rate and lender earns above average market return on the investment.
5paisa P2P is RBI certified NBFC-P2P which offers complete online and paperless process.
You get
- Verified borrower listing
- Creditworthy borrowers
- Fixed monthly returns
- Above average market returns
Start Lending in 4 simple steps
- Register Online and create account
- Upload required documents
- Add money in escrow
- Choose borrowers & start lending
5paisa P2P is RBI certified NBFC-P2P which offers personal loans at low interest rate to borrowers. We offer complete online process with paperless documentation and fast disbursement.
5paisa P2P is RBI certified NBFC-P2P which offers complete online and paperless process.
You get
- Verified borrower listing
- Creditworthy borrowers
- Fixed monthly returns
- Above average market returns
