Calculate your monthly loan EMI, total interest and total repayment amount.
Enter your loan amount, annual interest rate and loan tenure to calculate the EMI.
Your EMI depends on the loan principal, interest rate and loan tenure.
This is the original amount borrowed from the lender.
The annual interest rate determines the cost of borrowing.
A longer tenure generally reduces the EMI but can increase the total interest paid.
Suppose you borrow ₹5,00,000 at an annual interest rate of 10% for 5 years.
The calculator can estimate your monthly EMI, total interest and total repayment amount.
EMI stands for Equated Monthly Instalment. It is the regular payment made toward a loan, generally consisting of principal and interest.
A longer tenure generally reduces the monthly EMI, but it can result in a higher total amount of interest paid over the life of the loan.
Yes. The calculator estimates the monthly EMI, total interest and total payment based on the information entered.
Yes. The standard EMI calculation can be used to estimate payments for many amortizing loans.