EMI Calculator
Monthly EMI for home, car and personal loans
How to use EMI Calculator
Calculate your monthly loan EMI, total interest and full amortisation schedule for home, car or personal loans.
- 01
Enter the loan amount.
- 02
Set the interest rate and tenure.
- 03
See EMI, total interest and the yearly schedule.
EMI Calculator: questions
What formula is used?
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where r is the monthly rate and n the number of months.
Does it include processing fees?
No. Add any fees separately; lenders charge them on top of EMI.