Utility Tool

EMI Calculator

Calculate monthly EMI for home, car, or personal loans with full amortization breakdown.

Loan Amount (₹)

Annual Interest Rate (%)

Loan Tenure (Months)

How to Use

Enter your loan amount in rupees.

Enter the annual interest rate (e.g. 8.5 for 8.5%).

Enter the tenure in months (e.g. 60 for 5 years).

Click Calculate EMI to see your monthly payment breakdown.

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 = principal, r = monthly interest rate, n = number of months.