EMI Calculator
Calculate the monthly instalment, total interest and total cost of any loan.
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the principal, r the monthly interest rate (annual rate ÷ 12 ÷ 100) and n the number of months.
Results are estimates for planning and learning. Check important numbers against your own data and a qualified professional. Everything is calculated in your browser; nothing you enter is sent anywhere.