📝

EMI Calculator

Calculate your Equated Monthly Instalment on any loan instantly.

🎭

Enter Details

Loan Amount —

₹

Annual Interest Rate (%) —

Loan Tenure (Years) —

Formula: EMI = P×r×(1+r)ⁿ / [(1+r)ⁿ–1] | r = monthly rate | n = months

📊

Monthly EMI

—

Principal

—

Total Interest

—

Invested

Returns

EMI is the fixed monthly payment to repay a loan. It has a principal and interest component that changes each month.

Make a larger down payment, choose longer tenure, or negotiate a lower interest rate with your bank.