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🏦 EMI Calculator

Calculate loan EMIs with detailed amortization schedule for home, car, and personal loans.

Calculate Loan EMI

💡 Pro Tip: A lower interest rate or longer tenure reduces your EMI but increases total interest paid. Use this calculator to find the ideal balance for your budget.

About EMI Calculator

Calculate your Equated Monthly Installment (EMI) for any type of loan — home loan, car loan, personal loan, education loan, or business loan. Our calculator uses the standard EMI formula and provides a year-by-year amortization schedule showing principal, interest, and outstanding balance.

Disclaimer: Results are for informational purposes only. Consult your bank for exact EMI figures.

Frequently Asked Questions

What is the EMI formula used?
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P = principal, r = monthly interest rate, n = number of months.
Does this include processing fees?
No, this calculator only computes the pure EMI based on principal, rate, and tenure. Your actual bank EMI may vary slightly due to processing fees and rounding.