Step-Up EMI Calculator
Increase your EMI each year as your income grows. Save lakhs in interest and close your loan faster.
Loan Details
Increase EMI by this % every year
Comparison
Fixed EMI
₹43,391/mo
Interest: ₹54,13,840
Step-Up (10%/yr)
116 months
Interest: ₹27,91,082
Save ₹26,22,758
Loan closes 124 months (10.3 yrs) earlier
Starting EMI₹43,391
EMI in Year 5₹63,529
EMI in Year 10₹1,02,314
Fixed EMI Total Payment₹1,04,13,840
Step-Up Total Payment₹77,91,082
Interest Saved₹26,22,758
Year-wise EMI Schedule
Year 1EMI: ₹43,391Balance: ₹49,00,491
Year 2EMI: ₹47,730Balance: ₹47,38,040
Year 3EMI: ₹52,503Balance: ₹45,01,670
Year 4EMI: ₹57,753Balance: ₹41,78,893
Year 5EMI: ₹63,528Balance: ₹37,55,522
Year 6EMI: ₹69,881Balance: ₹32,15,450
Year 7EMI: ₹76,869Balance: ₹25,40,440
Year 8EMI: ₹84,556Balance: ₹17,09,842
Year 9EMI: ₹93,012Balance: ₹7,00,306
Year 10EMI: ₹1,02,313Balance: ₹0