EMI Calculator
Calculate your Equated Monthly Installment (EMI) instantly. Free loan EMI calculator for home, car, and personal loans.
Loan Details
Results
Enter loan details and click Calculate to see results.
How to Use
1️⃣
Enter Loan Amount
Input your principal loan amount.
2️⃣
Set Rate & Tenure
Enter interest rate and loan duration.
3️⃣
Get EMI
See monthly EMI and full amortization.
Frequently Asked Questions
What is EMI?
EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan. It includes both principal and interest components.
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly interest rate, and n is number of months.
Is this EMI calculator free?
Yes, completely free. Use it unlimited times for home loans, car loans, personal loans, and more.