Loan & Repayment Tool

Loan EMI Calculator for Accurate Monthly Installments

Calculate your Equated Monthly Installment (EMI) for loans based on principal, interest rate, and tenure. Ideal for personal, home, or car loans.

Loan Tool

Business Loan EMI Calculator

Plan your finances by calculating your monthly installments and total interest.

% Per Annum
Monthly EMI

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What is EMI (Equated Monthly Installment)?

EMI is the fixed monthly payment a borrower makes to repay a loan. It includes both the principal amount and the interest charged by the lender.

EMI Formula

EMI = [P × r × (1 + r)^n] / [(1 + r)^n − 1]

Why Use an EMI Calculator?

Explore more tools like our Break-even Calculator and CAGR Calculator.