💰 EMI Calculator
EMI Calculator
Calculate Monthly Loan EMI Instantly
Want to know how much you’ll pay every month for a loan? Our EMI Calculator helps you instantly calculate your monthly installment (EMI) based on the loan amount, interest rate, and loan tenure. It’s fast, simple, and 100% free.
Whether it’s a personal loan, home loan, or car loan – this tool gives you quick and accurate EMI estimates.
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Enter Loan Amount
Enter Annual Interest Rate
Enter Loan Tenure in months or years
Click Calculate EMI
What is an EMI?
EMI stands for Equated Monthly Installment – the fixed payment you make every month to repay your loan.
How is EMI calculated?
EMI is calculated using the formula:
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1],
where P = Loan amount, R = Monthly interest rate, N = Loan tenure in months.
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Can I use this EMI calculator for any loan?
Yes! This EMI calculator works for home loans, personal loans, car loans, and more.