EMI Calculator

Calculate Equated Monthly Installment for Loans

Monthly EMI
₹0
Total Interest
₹0
Total Payment
₹0
Payment Breakdown
Loan Summary
Amortization Schedule (First Year)
How EMI is Calculated?

EMI Formula: EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

  • P = Principal loan amount
  • R = Monthly interest rate (Annual Rate/12/100)
  • N = Total number of monthly installments