EMI is the fixed monthly payment for a loan.

How is EMI calculated?

EMI uses principal, interest rate, and loan tenure in months.

Does it show total interest?

Yes, the calculator shows total interest paid over the loan term.

Yes, it works for personal, home, auto, and other loans.

The EMI becomes principal divided by the number of months.

Calculate monthly EMI, total interest, and total repayment for your loan.

Enter loan amount, interest rate, and loan term to get your EMI breakdown. This free EMI calculator provides quick, accurate results.

Loan Amount

Interest Rate (%)

Term (Years)

The calculator uses the standard EMI formula to compute monthly payments and totals from your loan inputs.

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.

Use this free loan and EMI calculator to compare monthly payments, estimate total interest, and plan your loan repayment with confidence.

Expand your knowledge with our expertly curated resources.

Stop switching context. We have gathered essential developer utilities like JSON formatters, UUID generators, and base64 encoders in one place.

Minified JSON saves bytes but costs hours in debugging. Learn when to beautify, when to minify, and how to spot common errors.

Weak passwords are a major security risk. Learn how to create unbreakable passwords using our random generator tool.