EMI Calculator
Calculate your monthly loan EMI, total interest, and total repayment amount.
This tool runs entirely in your browser — your data is never uploaded to a server.
— Monthly EMI
— Total Interest
— Total Payment
This is an estimate. Actual EMI may vary based on your lender's exact rate, fees and charges.
How to Use
- Enter the loan amount (principal).
- Enter the annual interest rate (%).
- Enter the loan tenure in years or months.
- Click "Calculate EMI" to see your monthly payment, total interest and total payment.
Features
- Standard reducing-balance EMI formula used by banks and NBFCs.
- Shows total interest payable and total amount repaid.
- Indian Rupee (₹) number formatting.
Please note: This is an estimate only. Your actual EMI may vary based on your lender's exact interest rate, processing fees, prepayment charges, insurance premiums, and any applicable taxes. Please confirm the final figures with your bank or lender.
Frequently Asked Questions
EMI (Equated Monthly Instalment) is the fixed monthly payment you make to repay a loan, covering both principal and interest, calculated using the reducing-balance method.
No. This calculator estimates principal and interest only. Ask your lender about processing fees, insurance, and other charges that may apply separately.