Loan EMI Calculator

Whether you are taking a personal loan from a bank to meet some emergency or housing loan to purchase your dream home, the first word that you hear is EMI (Equated Monthly Installment). The amount of the loan that you will avail will depend on the EMI amount that you can pay every month. EMI is the amount payable to the Bank or other lending institution every month, till the loan is paid back in full. It consists of interest on the outstanding loan amount and part of the principal to be repaid.This is an easy way for individuals to repay the loan as the huge loan will be split into affordable eqauted installments.

The EMI (Equated Monthly Installment) calculator helps you calculate how much you need to pay every month towards your loan repayment, based on the Loan Amount, Interest rate and Tenure.

Loan Amount
Loan Tenure (Months)
Interest Rate (Reducing) %
Monthly Payment (EMI)
Calculated Monthly EMI Total Amount with Interest Flat Interest Rate PA
Flat Interest Rate PM Total Interest Amount Yearly Interest Amount

How to Calculate EMI ?

  1. Insert the loan amount in the EMI calculator.

  2. Insert loan tenure in months.

  3. Insert rate of interest (reducing).

  4. After entering all these figures please click on calculate button to calculate monthly EMI.