EMI Loan Calculator
Instantly calculate your monthly payment and total interest
Monthly EMI
₹8,678
Total interest
₹10,82,776
Total payment
₹20,82,776
You pay ₹8,678 every month for 240 months, with ₹10,82,776 in total interest.
How much will you pay each month
Enter the loan amount, annual interest rate and tenure, and your monthly EMI is calculated instantly using the standard equated monthly installment formula. See total interest, total payment and the principal-to-interest split at a glance — handy for comparing home loans, car loans and personal loans. Choose ₹, $, € and more; everything runs in your browser.
Your monthly payment recalculates the moment you change any input.
See at a glance how much of your total payment is principal versus interest.
Choose ₹, $, ₩, ¥ or € and see amounts in your local format.
Frequently asked questions
An EMI (Equated Monthly Installment) is the fixed amount you pay every month, combining principal and interest, until the loan is fully repaid.
It uses the standard formula EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the principal, r the monthly rate (annual ÷ 12), and n the number of months.
Any loan with fixed monthly installments — home loans, car loans, personal loans and more. Actual terms may vary by lender.