Loan EMI Calculator

Calculate monthly EMI, total interest and view complete amortization schedule for any loan amount.

Loan Amount (₹)

Interest Rate (% per annum)

Loan Tenure (months)

Monthly EMI

₹0

Total Interest

₹0

Total Payment

₹0

Principal vs Interest

About Loan EMI Calculator

EMI (Equated Monthly Installment) is the fixed amount you pay each month to repay your loan. This calculator uses the standard EMI formula to compute your monthly payment, total interest payable, and total amount. It works for all types of loans including home loans, car loans, personal loans, and education loans.

EMI Formula

EMI = P × r × (1 + r)^n / ((1 + r)^n - 1)
Where P = Principal, r = Monthly interest rate, n = Number of months