Use this EMI calculator to calculate your monthly loan EMI instantly. It shows monthly installment, total interest payable, and total loan amount for home loans, car loans, and personal loans.
This free online EMI calculator helps you plan your loans better. Simply enter loan amount, interest rate, and tenure to calculate accurate EMI values with interest breakup. All calculations are done securely in your browser.
Enter loan amount, interest rate, and tenure to calculate EMI.
EMI (Equated Monthly Installment) is the fixed payment made every month by a borrower to repay a loan. It includes both principal and interest components over the loan tenure.
EMI is calculated using loan amount, interest rate, and tenure. A higher interest rate or longer tenure increases the total interest payable, while a shorter tenure increases monthly EMI.