Loan EMI Calculator

Calculate your loan EMI and view the amortization schedule.

Loan EMI Calculator

Loan Amount

Annual Rate (%)

Tenure (Years)

Monthly EMI

188.71

Total Interest

1322.74

Total Payment

11322.74

EMI = [P × R × (1+R)^N] / [(1+R)^N - 1] where P = Principal, R = Monthly Rate, N = Months.

About this Tool

An Equated Monthly Installment (EMI) calculator computes the monthly amount payable to a lender. It factors in the principal loan amount, interest rate, and loan tenure, helping you plan your finances.

Frequently Asked Questions

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Loan EMI Calculator

About this Tool

Frequently Asked Questions

What is EMI?