Calculators tool · Free
EMI Calculator
Calculate EMI, total interest and total payment for any loan.
- Runs in your browser — nothing you type is sent anywhere
How to use EMI Calculator
- 1
Enter the loan amount.
- 2
Enter the yearly interest rate.
- 3
Enter the tenure in years.
About this tool
Enter the loan amount, interest rate and tenure to see the monthly EMI and how much interest you pay over the loan. It uses the standard reducing-balance formula banks use.
Good to know
- Results update instantly as you type and work offline once the page has loaded.
- Results are rounded for display.
Frequently asked questions
What is the EMI formula?
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the loan, r is the monthly rate and n is the number of months.
Is EMI Calculator private?
Yes. Every calculation happens in your browser. The numbers and dates you enter are not sent to our servers or stored.
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