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EMI Calculator

NO SIGNUPAUTO-DELETESECURE

Calculate monthly loan EMI and total interest.

About EMI Calculator

Calculate loan EMI online for free. Find monthly EMI, total interest and amortization schedule for home, car or personal loan.

Frequently Asked Questions

How do I calculate loan EMI?▾

Enter loan amount, interest rate per year and loan tenure in months. Click Calculate for monthly EMI.

What is the EMI formula?▾

EMI = [P × R × (1+R)^N] / [(1+R)^N-1] where P=principal, R=monthly rate, N=tenure months.

Does it show total interest paid?▾

Yes. The calculator shows total EMI, total interest and total amount payable.

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