Flat Rate EMI Calculator

A flat rate charges interest on the entire original amount for the full tenure, even though you are steadily repaying it. That makes the headline rate look far lower than the cost you actually bear. This calculator shows both the EMI and the reducing-balance rate it really corresponds to.

Loan amount

₹

Interest rate (per year)

Tenure

yrs

Try

Monthly EMI — —

Principal: —
Total interest: —
Total payable: —

Principal Interest —

Year by year

Period	Principal paid	Interest paid	Balance

Also try the reducing balance emi calculator, or see all calculators.