Free Business Tool

EMI Calculator

Calculate monthly EMI, total payment, and total interest for loans and financing plans.

Fast Result
Instant EMI calculation without page reload.
Simple Input
Enter loan details in a clean and easy form.
Clear Breakdown
See EMI, total payment, and total interest instantly.

EMI Calculator

Enter loan amount, annual interest rate, and tenure to calculate your EMI instantly.

How to use

  • Enter the total loan amount.
  • Enter the annual interest rate in percentage.
  • Enter the tenure and choose months or years.
  • Click Calculate to get EMI and payment breakdown instantly.

EMI formula

  • EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1)
  • Total Payment = EMI × Number of Months
  • Total Interest = Total Payment − Loan Amount