EMI / Loan Calculator
Calculate your monthly loan installment (EMI), total interest, and total repayment for any loan amount, rate, and term.
Examples
Principal 1,000,000, 8% annual rate, 24 months
Principal: 1000000, Rate: 8, Tenure: 24
Monthly EMI: 45227.29 Total Interest: 85454.99 Total Payment: 1085454.99
FAQ
No. Every calculation runs locally in your browser — no loan details ever leave your device.
Yes. The calculator is currency-agnostic — enter plain numbers and read the result in whatever currency your figures are in.
The standard reducing-balance EMI formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where r is the monthly interest rate and n is the tenure in months.
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Guide
Enter the loan principal, annual interest rate, and tenure in months. The monthly EMI, total interest, and total payment appear instantly.