EMI Calculator
Free EMI calculator for home, car & personal loans. Enter amount, interest rate and tenure to get your monthly EMI, total interest and total payment instantly.
Monthly EMI
₹0
Total interest
₹0
Total payment
₹0
How EMI is calculated
EMI (Equated Monthly Instalment) is calculated using the formula EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the number of monthly instalments. This calculator updates instantly as you type, use it for home loans, car loans, and personal loans.
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