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EMI Calculator

Calculate monthly loan EMI with full amortization schedule and breakdown.

Financeemiloanmonthly paymentinterest๐Ÿ”’ Browser-only

๐Ÿ“‹ How to use EMI Calculator

  1. 1Enter loan amount
  2. 2Enter annual interest rate
  3. 3Enter tenure in years
  4. 4View EMI and schedule

Try it now

Loan Details

โ‚น5,00,000
โ‚น10,000โ‚น1,00,00,000
8.5%
1.0%30.0%
5 yrs
1 yr30 yrs

Monthly EMI

โ‚น10,258

for 60 months

Total Amount

โ‚น6,15,496

Total Interest

โ‚น1,15,496

Payment Breakdown

Principal 81%Interest 19%

Examples

โ‚น5L loan at 8.5% for 5 years

Input: "โ‚น500,000, 8.5%, 5 years"
Output: "EMI: โ‚น10,254/month"

Frequently Asked Questions

Is the formula correct?โ–พ

Uses the standard EMI formula: Pร—Rร—(1+R)^N / ((1+R)^N - 1)

What currencies are supported?โ–พ

You can switch between INR, USD, EUR, and GBP.

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