EMI Calculator
Calculate the equated monthly installment for a loan.
10379.18Monthly EMI
122750.66Total interest
622750.66Total payment
How to use EMI Calculator
- 1Enter the loan amount, annual interest rate, and loan tenure in months.
- 2Your monthly EMI, total interest, and total payment update live.
Why use this tool
- Uses the standard reducing-balance EMI formula used by banks and lenders.
- Shows the full breakdown: EMI, total interest, and total repayment.
Frequently asked questions
What loan types is this useful for?
Any fixed-rate installment loan — home loans, car loans, and personal loans all use the same EMI formula.