EMI Calculator
Calculate your Equated Monthly Installment for loans
Loan Details
EMI Result
Your Monthly EMI
Monthly payment for your loan
Total Interest Payable
$0
Total Payment
$0
Breakup of Total Payment
Principal Amount: $0
Total Interest: $0
About This EMI Calculator
An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are used to pay off both interest and principal each month, so that over a specified number of years, the loan is paid off in full.
Our EMI calculator helps you calculate the monthly repayment amount for your home loan, car loan, personal loan, or any other type of loan. Simply enter the loan amount, interest rate, and loan tenure to get instant results.
How to Use This Calculator
Using this EMI calculator is simple and straightforward:
- Enter Loan Amount – Input the total amount you wish to borrow
- Set Interest Rate – Enter the annual interest rate for your loan
- Choose Loan Tenure – Select the repayment period in years
- Calculate – Click the calculate button to see your monthly EMI
You can adjust the sliders or input values directly to see how different loan parameters affect your monthly payments and total interest payable.
Why Use Our EMI Calculator?
Our EMI calculator provides accurate results instantly, helping you plan your finances better. It allows you to:
- Plan your budget by knowing your exact monthly outflow
- Compare different loan options easily
- Understand how much interest you will pay over the loan tenure
- Make informed decisions about loan amount and tenure