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EMI Loan Calculator

Calculate monthly EMI, total interest, and total repayment for fixed-rate loans.

Inputs
Adjust values, then calculate.
INR
%
months
Results
Instant output for planning and decisions.
Waiting
Fill the inputs on the left, then click Calculate.

About this tool

EMI (Equated Monthly Instalment) is the fixed amount you pay each month for a loan. This calculator uses the standard EMI formula used by banks for fixed-rate loans.

How to use

  • Enter your loan amount, annual interest rate, and tenure in months.
  • Click Calculate to get your EMI, total interest, and total repayment.
  • Compare different tenures to see how EMI and interest change.

Example

Input: Loan ₹5,00,000 at 10.5% for 60 months
What you get: Monthly EMI plus total interest paid over the full tenure.

FAQs

Is EMI constant for the entire loan?
For fixed-rate loans, yes. For floating-rate loans, EMI can change when rates change.
Does EMI include fees?
No. EMI is principal + interest. Processing fees/insurance are separate.