EMI Calculator
Calculate your Equated Monthly Installment for loans with detailed breakdown.
EMI (Equated Monthly Installment) is the fixed monthly payment you make on a loan, covering both principal and interest. This calculator works out your EMI amount from the loan amount, interest rate, and tenure, helping you understand exactly what a loan will cost you before committing to it.
Frequently asked questions
The loan (principal) amount, the annual interest rate, and the loan tenure (how many months or years you'll be repaying it).
With a standard fixed-rate EMI structure, yes - the monthly payment stays constant, though the split between principal and interest within each payment shifts over time (more interest early on, more principal later).
This calculates the core EMI based on principal, rate, and tenure - additional fees your specific lender charges (processing fees, insurance, etc.) aren't included unless you factor them into the principal amount yourself.