Loan EMI Calculator

Advanced EMI planner with strategy modes, floating rates, and scenario comparison.

Loan Amount

Rate of Interest (%)

Tenure (Years)

Loan Start Date

Monthly Income (for affordability)

Expected Salary Hike Per Year (%) Raises your affordable EMI/prepay cap each year (auto-optimize uses this).

Repayment Strategy

Auto Optimize — max prepayment to try (optional) The tool tries many prepayment amounts from 0 up to this limit (each time you prepay: yearly / quarterly / monthly per your frequency). It does not mean you must prepay this much — only the ceiling for the search.

Auto Optimize — max yearly EMI increase to try (optional) Search tries yearly EMI hikes from 0% up to this %. Example: 10 means the tool may suggest raising EMI by up to 10% each year. Leave blank to cap the search at 10%.

How Auto Optimize chooses prepayment vs EMI hike

It minimizes total interest paid (then shorter tenure if tied). It does not maximize prepayment. A plan with lower lump prepay but higher yearly EMI hike can win if it costs less interest overall.

Salary hike only changes results if Monthly income is filled: it raises how much EMI + prepay is considered affordable each year and raises the smart prepayment ceiling. With no income, the smart cap uses a % of loan size instead — changing salary hike alone then has little effect.

Prepayment Amount

Prepayment Frequency

EMI Hike % Every Year

Processing Fee (%)

Insurance Amount

Taxes / Other Charges

Floating Rate Changes (optional) Example: from year 2 rate becomes 8.1%, from year 5 becomes 9.2%.

Rounding Mode

Rounding Digits

Profile Name

Load Saved Profile

Compare Scenario B (Optional)

Scenario B Prepayment

Scenario B EMI Hike %

Scenario B Strategy

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Loan Details

Year-wise Amortization Summary

Educational estimate only. Not financial advice. Version 2.0 | Last updated: 2026-04-14