EMI Calculator

Calculate your monthly EMI for home loan, car loan, or personal loan.

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Tool

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How to Use

How to Use

  1. 1Enter loan amount
  2. 2Enter interest rate
  3. 3Enter tenure in years
  4. 4Click Calculate to see EMI
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Benefits

Benefits

Free unlimited calculations
Instant results
Detailed breakdown
Mobile friendly
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Frequently Asked Questions

Frequently Asked Questions

What is EMI?

EMI (Equated Monthly Installment) is a fixed payment made by a borrower to a lender.

How is EMI calculated?

EMI = P ร— r ร— (1 + r)^n / ((1 + r)^n - 1)