EMI Calculator

Calculate Equated Monthly Installment (EMI) for Home Loan, Car Loan & Personal Loan in India.

Loan Amount (₹)

Interest Rate (% p.a.)

Tenure

Monthly EMI

₹ 8,997

Principal Amount₹ 10,00,000

Total Interest₹ 11,59,342

Total Amount₹ 21,59,342

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How is EMI calculated?

The EMI (Equated Monthly Installment) formula is: P * r * (1+r)^n / ((1+r)^n - 1)

Where P is the principal, r is the monthly interest rate, and n is the number of months.