Calculate monthly EMI, total interest, and repayment details for any loan type — home, car, or personal.
Fill in the loan details to calculate your EMI.
EMI (Equated Monthly Installment) is the fixed amount you pay to your lender every month until the loan is fully repaid. It includes both principal and interest components.
EMI = [P × r × (1+r)^n] / [(1+r)^n - 1], where P is principal, r is monthly interest rate, and n is number of months.
No. This calculator shows the base EMI without processing fees, insurance, or other charges that lenders may add.
Yes! This EMI calculator works for any type of loan — home loan, car loan, personal loan, or education loan.