Loan EMI Calculator

Work out the monthly instalment (EMI) for any loan, along with the total interest you'll pay over its life. Ideal for home, car and personal loans.

Loan amount (₹)

Interest rate (% p.a.)

Tenure (years)

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How to use loan emi calculator

Enter loan details
Add the principal, annual interest rate and tenure in years.
Calculate
Click Calculate to see your monthly EMI instantly.
Review the split
Check how much of your total payment is interest versus principal.

Full cost picture

See monthly EMI, total interest and total repayment together.

Principal vs interest bar

A visual split shows how much the loan really costs.

Any loan type

Works for home, car, education and personal loans.

How is EMI calculated?

EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is principal, r is the monthly rate and n is the number of months.

Does a longer tenure reduce cost?

A longer tenure lowers the monthly EMI but usually increases the total interest you pay over the loan's life.

Is the rate monthly or yearly?

Enter the annual rate — the tool converts it to a monthly rate internally.