Loan / EMI Calculator
Compute EMI, total interest and payoff duration.
š Uses API
ā¹
%
ā¹
Monthly EMI
ā¹10,623.52
Total paid
ā¹637,411.34
Total interest
ā¹137,411.34
Payments
60 mo
Monthly payment comparison
Loan Calculator FAQs
What is EMI?
EMI stands for Equated Monthly Installmentāthe fixed payment you make each month until the loan is repaid.
How is interest calculated?
This tool uses a standard amortization formula for fixed-rate loans. Actual bank computations may vary slightly.
Does this include taxes and fees?
No. Enter only principal, rate, and term. Additional costs will change real payments.