EMI calculator
Know your EMIbefore you apply.
Move the sliders to see a monthly EMI, the interest it includes and the total you would repay. It uses the standard reducing-balance formula, the same maths behind any EMI.
Enter an amount between ₹5,000 and ₹5,00,000.
Example rate. 18% is only a starting point, not a TrustLender rate. Set any rate to explore; your actual rate is in your offer.
Monthly EMIs only. Some TrustLender loans repay in daily EMIs, and a Salary Loan is repaid in one payment; those schedules work differently and are shown in full in your offer before you accept.
Your monthly EMI
₹9,168
for 12 months at 18% a year (example rate). Total interest ₹10,016, total payable ₹1,10,016.
- Principal
- ₹1,00,000
- Total interest
- ₹10,016
- Total payable
- ₹1,10,016
Illustrative only. Excludes processing fee & GST and any other charges. Your offer and Key Fact Statement show the amount, rate, tenure, fees and full schedule that actually apply.
Check eligibilityRepayment schedule
Where each EMI goes.
Interest is charged on what you still owe, so early EMIs are mostly interest and later ones mostly principal.
| Month | Opening | Paid | Interest | Principal | Closing |
|---|---|---|---|---|---|
| Month 1 | ₹1,00,000 | ₹9,168 | ₹1,500 | ₹7,668 | ₹92,332 |
| Month 2 | ₹92,332 | ₹9,168 | ₹1,385 | ₹7,783 | ₹84,549 |
| Month 3 | ₹84,549 | ₹9,168 | ₹1,268 | ₹7,900 | ₹76,649 |
| Month 4 | ₹76,649 | ₹9,168 | ₹1,150 | ₹8,018 | ₹68,631 |
| Month 5 | ₹68,631 | ₹9,168 | ₹1,029 | ₹8,139 | ₹60,492 |
| Month 6 | ₹60,492 | ₹9,168 | ₹907 | ₹8,261 | ₹52,232 |
The formula
EMI = P × r × (1+r)n
÷ ((1+r)n − 1)
- P · amount
- ₹1,00,000
- r · rate ÷ 12 ÷ 100
- 0.01500
- n · months
- 12
- EMI
- ₹9,168.00
Before you rely on it
- Illustrative only: not an offer or an approval.
- Excludes processing fee & GST and any other charges.
- Rounded to the nearest rupee; a lender's schedule may differ by a few rupees.
- Your offer and Key Fact Statement show the real EMI, dates and total cost.
See your real EMI.
Check your eligibility in about two minutes. Your offer shows the amount, EMI, interest, fees and total repayment before you accept.