Emi Calculator

EMI Calculator

Calculate your monthly loan EMI with a full amortization breakdown of principal and interest.

About this tool

The EMI Calculator helps you plan home, car, personal or education loans. Enter the loan amount, interest rate and tenure to instantly see your Equated Monthly Installment, total interest payable and total cost. A breakdown shows how much of each payment goes to principal versus interest over time. All math runs locally in your browser.

How to use the EMI Calculator

  1. 1

    Enter loan amount

    Type the principal you plan to borrow.

  2. 2

    Set rate and tenure

    Add the annual interest rate and loan duration.

  3. 3

    Review your EMI

    See the monthly EMI, total interest and total payable.

Frequently Asked Questions

How is EMI calculated?

We use the standard formula EMI = P×r×(1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly rate and n is the number of months.

Does this include processing fees?

No. The EMI reflects principal and interest only; lender fees and insurance are separate.

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