Home Loan EMI Calculator with EMI Breakdown
Estimate your home loan EMI (Equated Monthly Installment) based on your loan amount, interest rate, and tenure.
EMI Breakdown
Total Loan Amount: ₹
Interest Rate: %
Loan Tenure: Years
Monthly EMI: ₹
function calculateEmi() {
const loanAmount = parseFloat(document.getElementById(“loanAmount”).value);
const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100 / 12;
const loanTenure = parseInt(document.getElementById(“loanTenure”).value) * 12;
if (isNaN(loanAmount) || isNaN(interestRate) || isNaN(loanTenure) || loanAmount <= 0 || interestRate <= 0 || loanTenure <= 0) {
alert("Please fill all fields correctly.");
return;
}
const emi = (loanAmount * interestRate * Math.pow(1 + interestRate, loanTenure)) / (Math.pow(1 + interestRate, loanTenure) – 1);
const totalAmount = emi * loanTenure;
const totalInterest = totalAmount – loanAmount;
document.getElementById("emiBreakdown").style.display = "block";
document.getElementById("emiAmount").textContent = emi.toFixed(2);
document.getElementById("totalLoanAmount").textContent = loanAmount.toFixed(2);
document.getElementById("emiInterestRate").textContent = (interestRate * 12 * 100).toFixed(2);
document.getElementById("emiLoanTenure").textContent = (loanTenure / 12);
alert("Your EMI has been calculated successfully!");
}
