© 2026 Stellar Structures Limited
© 2026 Stellar Structures Limited
Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender on a specified date each month. EMI is used to repay both the principal amount and interest over a fixed tenure, making large property purchases more manageable.
Your EMI is calculated based on three factors: the total loan amount, the interest rate offered by your bank, and the loan tenure. In the initial years, a larger portion of your EMI goes toward interest, while in later years more goes toward repaying the principal.
EMI = P × r × (1 + r)^n / [(1 + r)^n - 1], where P is the principal loan amount, r is the monthly interest rate, and n is the total number of monthly installments. This formula ensures equal payments throughout the loan tenure.
The actual EMI may vary depending on the interest rate offered by your bank and the final approved loan amount. Contact our sales team for a personalized EMI calculation based on your specific requirements and our partner bank rates.