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Calculate your equated monthly installment for loans — plan your repayments with precision.
EMI = Principal × Monthly Interest Rate × (1 + Monthly Rate)^Months / ((1 + Monthly Rate)^Months - 1)
Convert annual interest rate to monthly rate
r = 10.5% ÷ 12 ÷ 100 = 0.875%
= 0.00875
Raise (1 + r) to the power of n (number of months)
(1 + 0.00875)^60
= 1.686
Apply the EMI formula with your values
EMI = P × r × (1+r)^n / ((1+r)^n - 1)
= ₹0
Enter the total loan amount you wish to borrow.
Input the annual interest rate offered by your lender.
Set the loan tenure and choose Months or Years as the unit (e.g., 60 months or 5 years).
Your EMI, total interest, and total payment are calculated instantly.
Adjust any value to see how it affects your monthly payment.
₹50,00,000 at 8.5% for 20 years (240 months)
₹10,00,000 at 9% for 5 years (60 months)
₹5,00,000 at 12% for 3 years (36 months)