EMI Calculator
Calculate your monthly loan EMI, total interest, and total payment.
₹
%
yrs
How to use EMI Calculator
- 1Enter your input for emi calculator.
- 2Review the result on this page.
- 3Download or copy your result.
Frequently Asked Questions
How is EMI calculated?
We use the standard formula EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan principal, r is the monthly interest rate, and n is the number of monthly installments.
Does this include processing fees or insurance?
No — this calculates the pure principal-and-interest EMI. Lenders may add processing fees, insurance, or other charges separately.
Is this tool really free?
Yes, EMI Calculator is completely free to use — no sign-up, no hidden charges.