EMI Calculator
Calculate the monthly EMI for any loan — home, car, personal — and see total interest paid.
Monthly EMI₹8,678
Total amount paid₹20,82,776
Total interest₹10,82,776
Principal₹10,00,000
Interest: ₹10,82,776
Principal: ₹10,00,000
EMI Calculator: how it works
An EMI calculator gives the fixed monthly instalment on a loan, splitting each payment into interest and principal over the tenure.
Formula
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where P is the loan amount, r the monthly interest rate and n the number of months.