EMI stands for Equated Monthly Installment. It is a fixed monthly payment made towards a loan, including principal and interest.

How is EMI calculated?

EMI is calculated using loan amount, interest rate, and tenure. EMI = [P × R × (1+R)^N] / [(1+R)^N − 1].

Which loans can I calculate using EMI calculator?

You can calculate EMI for home loans, car loans, personal loans, education loans, and business loans.

Is EMI calculator free?

Yes, this EMI calculator is 100% free and works on all devices.

EMI Calculator Online – Calculate Loan EMI, Interest & Tenure

EMI Calculator Online – Loan EMI Calculator for Home, Car & Personal Loans

What is EMI (Equated Monthly Installment)?

EMI or Equated Monthly Installment is the fixed amount a borrower pays every month towards repaying a loan. It includes both principal repayment and interest. This EMI calculator helps you calculate monthly EMI easily for different types of loans.

How to Use EMI Calculator

Enter loan amount
Enter interest rate
Enter loan tenure in years
Click calculate

EMI Calculation Formula

EMI = [P × R × (1+R)^N] / [(1+R)^N − 1]

P = Loan amount  
R = Monthly interest rate  
N = Loan tenure in months

Types of Loans Supported

Home Loan EMI Calculator
Car Loan EMI Calculator
Personal Loan EMI Calculator
Education Loan EMI Calculator

Benefits of EMI Calculator

✔ Instant EMI calculation
✔ Accurate interest breakup
✔ Helps in loan planning
✔ Free & easy to use

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