EMI Calculator

Calculate EMI (equated monthly installment) for a loan from principal, annual interest rate, and tenure in months — common for home, car, and personal loans.

Inputs

Formula

EMI = P × r(1+r)^n / ((1+r)^n − 1)
where r = annual/100/12, n = months

If rate is 0, EMI is P/n.

Category: Finance

₹5L @ 9% / 60 mo

Standard reducing-balance EMI.