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EMI Calculator

Calculate your monthly loan payment, total interest and total repayment in your preferred currency.

Loan Details

Enter your loan information.

Your EMI

Enter your loan details
to calculate your EMI.

How is EMI calculated?

The calculator uses the standard reducing-balance loan formula. Your loan amount, annual interest rate and repayment period determine the monthly payment.

EMI =

P ร— r ร— (1 + r)โฟ
โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€
(1 + r)โฟ โˆ’ 1

What does the result show?

Monthly EMI

Your estimated monthly loan payment.

Principal

The original amount borrowed.

Total Interest

Total interest paid over the loan term.

Total Payment

Principal plus total interest.

Important: This calculator provides an estimate based on the information entered. Actual loan payments may differ because of lender fees, insurance, taxes, payment timing, rounding, variable interest rates or other loan terms.