EMI Calculator
Compute monthly EMI, total interest, and total payment for any loan in India or abroad.
About this tool
An Equated Monthly Instalment is the fixed amount you pay every month toward a loan. This calculator uses the standard reducing-balance formula to turn your principal, annual interest rate, and tenure into an exact monthly EMI.
It also breaks out the total interest you will pay over the life of the loan and the total amount repaid — the two numbers that really matter when comparing loan offers.
How to use
- Enter the loan principal amount.
- Enter the annual interest rate.
- Enter the tenure in years.
- Read the monthly EMI, total interest, and total payment.
Frequently asked questions
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