Calculate your monthly loan EMI, total interest and total payment.
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Review the detailed breakdown shown below the result.
This calculator is free and has no usage limit.
EMI Calculator helps you find out your monthly loan installment amount instantly, based on loan amount, interest rate and tenure.
Yes, completely free with no sign-up required and no limit on how many times you can use it.
No. All calculations happen instantly in your browser — nothing is sent to any server.
EMI is calculated using the formula EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly interest rate, and n is number of monthly instalments.