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EMI Calculator

Calculate your equated monthly installment (EMI), total interest, and total repayment for any loan.

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How to use EMI Calculator

  1. Enter the loan amount.
  2. Enter the annual interest rate (in %).
  3. Enter the tenure in months or years.
  4. Click "Calculate EMI".

Features

  • Adjustable tenure
  • Total interest breakdown
  • Quick re-calculation

Why use it

  • Compare loan offers
  • Plan repayments
  • No signup needed

Frequently asked questions

How is EMI calculated?

EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the principal, r is monthly interest rate (annual/12/100), and n is total months.