Reducing Balance EMI Calculator

Almost every bank loan in India is a reducing-balance loan: each month you are charged interest only on what you still owe, so the interest portion of your EMI falls over time while the principal portion rises. Enter your figures below.

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 flat rate emi calculator, or see all calculators.