Your loan
Drag or type. Everything updates as you move.
₹
₹ 5,00,000₹ 60 L₹ 10,00,00,000
yrs
1 yrs240 instalments30 yrs
% p.a.
6.00 % p.a.Panel best today: 8.10%16.00 % p.a.
The same loan over 10, 20 and 30 years
A longer tenure buys a smaller instalment and sells you a much larger total. This is the trade nobody shows you at the sales desk.
Stretching 10 → 30 years cuts the instalment by 38% and adds ₹ 76.82 L of interest.
Amortisation schedule
Year by year, how much of each instalment is repayment and how much is rent on the money.
| Year | Principal | Interest | Balance | Split |
|---|---|---|---|---|
| 1 | ₹ 1.19 L | ₹ 5.05 L | ₹ 58.81 L | |
| 2 | ₹ 1.3 L | ₹ 4.95 L | ₹ 57.51 L | |
| 3 | ₹ 1.41 L | ₹ 4.83 L | ₹ 56.09 L | |
| 4 | ₹ 1.54 L | ₹ 4.71 L | ₹ 54.55 L | |
| 5 | ₹ 1.68 L | ₹ 4.57 L | ₹ 52.88 L | |
| 6 | ₹ 1.82 L | ₹ 4.42 L | ₹ 51.05 L | |
| 7 | ₹ 1.98 L | ₹ 4.26 L | ₹ 49.07 L | |
| 8 | ₹ 2.16 L | ₹ 4.09 L | ₹ 46.91 L |
Monthly EMI
₹ 52,069
240 instalments at 8.50% p.a.
Principal48%
Interest52%
Principal borrowed
₹ 60 L
Total interest
₹ 64.97 L
Total payable
₹ 1.25 Cr
What this assumes
- ·A reducing-balance loan with equal monthly instalments and no moratorium.
- ·The rate stays fixed for the full tenure: floating rates reprice with the repo rate, so treat this as today's rate held flat.
- ·Processing fee, insurance premium and legal/valuation charges are not in the EMI.
- ·The same emi() function powers every price shown on a project page, so these two can never disagree.