FinToku
EMI Calculator
Multi-currency · Reducing & flat rate · Grace period · Prepayment
Quick start
Currency
Calculation method
Rs
%
mo
= 5 years
Advanced options
Processing fee (%)
Charged once on principal
Annual insurance / other
e.g. loan protection premium
Monthly income (optional)
For EMI affordability check
Grace period (months)
Interest-only months first
Balloon payment
Lump sum due at end
Annual EMI step-up (%)
EMI rises each year by this %
Monthly EMI
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Principal
—
Total interest
—
— % of loan
Grand total
—
Effective APR —%
Principal
Interest
Fees & insurance
Principal
Interest
Monthly schedule
| # | EMI | Principal | Interest | Balance |
|---|
Annual summary
| Year | Principal | Interest | Cum. interest | Balance |
|---|
Add one-time lump-sum prepayments to see how they cut your interest and tenure.
Month number
Prepayment amount
Compare your current loan against up to three alternative rates or tenures.
Option A – rate (%)
Option A – tenure (yr)
Option B – rate (%)
Option B – tenure (yr)
Option C – rate (%)
Option C – tenure (yr)
See if switching your loan to a new lender makes financial sense.
Current outstanding balance
Current rate (% p.a.)
Remaining months
New lender rate (% p.a.)
Transfer fee / charges
Independent verification of the EMI formula and amortisation accuracy.
Calculate a loan above to see the verification.
Free tool by FinToku · Results are indicative. Consult your lender for exact figures.
Monthly EMI
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