EMI Calculator

Calculate your monthly loan installment, total interest, and total payment — free, instant.

Loan amount

Annual interest rate (%)

Loan tenure

-Monthly EMI

-Total Interest

-Total Payment

How EMI is calculated

EMI = [P × R × (1+R)^N] / [(1+R)^N − 1], where P is the loan amount, R is the monthly interest rate, and N is the number of monthly installments.