FINANCE TOOL

EMI Calculator

Calculate your monthly loan EMI, total interest and total repayment amount.

Calculation Result

Loan Amount 0.00

Monthly EMI 0.00

Total Interest 0.00

Total Payment 0.00

EMI stands for Equated Monthly Installment. It is the fixed amount you pay every month toward your loan.

EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1)

For a loan of 500,000 at 8.5% annual interest for 5 years, this calculator estimates your monthly EMI and total repayment.