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EMI Calculator — Monthly Loan Installment

Calculate your Equated Monthly Installment (EMI), total interest payable, and total amount for any loan.

Monthly EMI
Total Interest
Total Amount

EMI Calculator — Frequently Asked Questions

EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan, covering both principal and interest.

EMI uses the loan amount, interest rate, and tenure with the standard reducing-balance formula to show your monthly payment and total interest.

Yes, it works for home loans, car loans, personal loans, and any fixed-rate installment loan.