Free Online Tool
EMI Calculator - Calculate Your Loan EMI Instantly
Calculate monthly EMI for personal loan, home loan, car loan, education loan. Get instant results with detailed amortization schedule.
Loan EMI Calculator
Rs 10,000 to Rs 5,00,00,000
Current rates: 10.5% - 24% p.a.
12 to 84 months
How is EMI Calculated?
EMI = P x R x (1+R)^N / [(1+R)^N - 1]
P
Principal
The loan amount you borrow
R
Rate of Interest
Monthly interest rate (Annual rate / 12)
N
Number of EMIs
Loan tenure in months
Calculate EMI for All Loan Types
Personal Loan EMI
Interest: 10.5% - 24%
Tenure: 12-60 months
Home Loan EMI
Interest: 8.5% - 12%
Tenure: 60-360 months
Car Loan EMI
Interest: 7.5% - 15%
Tenure: 12-84 months
Education Loan EMI
Interest: 8% - 14%
Tenure: 36-180 months
Benefits of Using EMI Calculator
Plan your monthly budget accurately
Compare different loan options easily
Understand total interest payable
Choose optimal loan tenure
Make informed borrowing decisions
Free and instant calculations
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