EMI Breakdown Calculator

Detailed breakdown of your EMI payments with principal and interest components

Calculate EMI Breakdown

Understanding EMI Breakdown

How EMI Works

EMI (Equated Monthly Installment) consists of two parts: Principal and Interest. Initially, a larger portion goes towards interest, while later payments have more principal component.

Principal vs Interest

  • Principal: The actual loan amount you borrowed
  • Interest: The cost of borrowing the money
  • Early payments have higher interest component
  • Later payments have higher principal component

Benefits of Understanding

  • Plan your prepayment strategy
  • Understand total cost of borrowing
  • Make informed financial decisions
  • Compare different loan options