EMI Calculator
Estimate your monthly loan EMI instantly.
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payment
₹ 0
Indicative results based on your inputs
Breakdown of total repayment into principal and interest
What is an EMI Calculator?
An EMI (Equated Monthly Installment) calculator helps you determine the monthly repayment amount for a loan based on loan amount, interest rate, and tenure.
How EMI is Calculated
EMI is calculated using a standard financial formula that accounts for compound interest over the loan tenure.
Why Use This EMI Calculator?
- Instant EMI calculation
- Understand total interest payable
- Compare loan tenures easily
Example
For a ₹50,00,000 loan at 8.5% interest for 20 years, this calculator helps estimate the monthly EMI and total repayment amount.
Frequently Asked Questions
Is this EMI calculator accurate?
Yes. It uses the standard EMI calculation formula.
Does EMI include processing fees?
No. Processing fees and charges are not included.
Can I use this for home and car loans?
Yes, this calculator works for all types of loans.
Is my data stored?
No. All calculations run locally in your browser.