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EMI Calculator

Calculate your Equated Monthly Installment (EMI) for home loans, car loans, and personal loans. See total interest and principal breakdown.

Monthly EMI
4,339
500,000
Principal
541,388
Total Interest
1,041,388
Total Payment
Principal (48%)Interest (52%)

How to Use

1Enter your loan amount
2Set the annual interest rate
3Choose the loan tenure in years or months
4View your monthly EMI and total interest breakdown

Frequently Asked Questions

What is EMI?
EMI (Equated Monthly Installment) is the fixed amount you pay every month towards your loan until it's fully repaid.
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly rate, n is number of months.

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