Loan EMI Calculator

Calculate your monthly loan payments easily

Loan Amount (₹)

Interest Rate (% p.a.)

Loan Tenure (years)

Monthly EMI: ₹0

Total Interest: ₹0

Total Payment: ₹0

How EMI is Calculated

EMI (Equated Monthly Installment) is calculated using the formula:

EMI = [P × R × (1+R)^N] / [(1+R)^N-1]

• P = Principal loan amount
• R = Monthly interest rate (annual rate/12/100)
• N = Loan tenure in months

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