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EMI Calculator
POPULARCalculate monthly home loan, car loan, or personal loan EMI with total interest payable & payment schedule.
Monthly EMI
₹20,516.53
Total Interest Payable
₹2,30,991.88
Total Amount Payable
₹12,30,991.88
Principal Loan Amount (81.2%)Interest Portion (18.8%)
How to use EMI Calculator
1
Enter Loan Amount
Set the principal loan sum you wish to borrow.
2
Set Interest Rate & Tenure
Adjust annual interest rate (%) and loan duration in years or months.
3
See Monthly EMI
Get your exact monthly payment, total interest, and total payable amount.
Frequently Asked Questions
What is the EMI formula?
EMI = [P x R x (1+R)^N]/[(1+R)^N-1] where P is principal, R is monthly interest rate, and N is tenure in months.