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EMI calculator

Your monthly EMI, total interest and total payment — for a home, business, car or personal loan.

Monthly EMI
₹0
₹0
Total interest
₹0
Total payment
PrincipalInterest
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Questions

How is EMI calculated?

EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1) — P is the loan amount, r the monthly rate (annual ÷ 12 ÷ 100), n the number of months.

Does a lower tenure save money?

Yes — a shorter tenure means a higher EMI but much less total interest. Try the tenure slider to see the trade-off.

Is it free?

Completely free, no login — runs in your browser.