Loan / EMI Calculator

Estimate your monthly loan payment, total interest, and total repayment.

Loan amount

Annual interest rate (%)

Loan tenure (years)

How EMI is calculated

EMI (Equated Monthly Installment) is calculated using the standard reducing-balance formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is principal, r is the monthly interest rate, and n is the number of monthly installments. This is an estimate — your lender's exact terms may differ.