How is EMI calculated?

EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly rate, n is total months.

Does it include an amortization schedule?

Yes, a complete month-by-month breakdown showing principal, interest, and balance.

Calculate your Equated Monthly Installment (EMI) for any loan. See total interest payable, complete amortization schedule, and visual breakdowns.

Loan amount inputInterest rate sliderFlexible tenure (months/years)EMI calculationTotal interest payableAmortization schedule

Input loan amount, interest rate, and tenure.

Choose monthly or yearly tenure.

View EMI amount, total interest, and schedule.

Print or download the amortization schedule.

EMI (Equated Monthly Installment) is a fixed payment amount made by a borrower to a lender at a specified date each month.

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