EMI / Loan Calculator

Enter your loan amount, interest rate and tenure to see the monthly installment and total interest instantly.

Loan details
Result
Monthly EMI
0
Principal
Interest
0
Total interest
0
Total payment

How EMI is calculated

EMI (Equated Monthly Installment) is the fixed amount you pay each month on a loan. It depends on principal, interest rate, and tenure. Use this calculator to estimate monthly payment and total interest before you borrow.

Enter loan amount, annual interest rate, and tenure in months or years. The result helps you compare offers and decide whether a longer tenure (lower EMI, more total interest) fits your budget.

Frequently asked questions

Is this estimate official?

It is an educational estimate. Lenders may use slightly different compounding or fees — confirm with your bank.

Is the calculator free?

Yes.

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