EMI Calculator
Calculate monthly EMI, total repayment, and interest outflow for loans.
Inputs
Results & Visuals
How to Use This Tool
- Enter loan amount, annual interest rate, and tenure.
- Click Calculate EMI.
- Review monthly EMI, total interest, and amortization chart.
Common Use Cases
- Home loan planning
- Personal loan affordability checks
- Comparing tenure options
Important Notes
- EMI is based on fixed-rate assumptions.
- Processing fees and insurance are excluded unless added manually.
- Formula: EMI = P * r * (1+r)^n / ((1+r)^n - 1), where r is monthly rate.
- All calculations run fully in your browser. Inputs are not sent to our server.
- Safe and free to use: no login, no signup, no paywall.
- Country and currency presets are for planning support and may require local verification.
- If you find a bug, please report it in comments with sample input and expected output.
Comments & Discussion
Facing issues? Have questions? Post them here! We're happy to help!