EMI Calculator
Calculate loan EMI, interest and total cost
Monthly EMI
$10,379.18
60 monthly payments of principal and interest
Total interest
$122,750.66
Total payable
$622,750.66
Uses the standard reducing-balance EMI formula. Covers principal and interest only, taxes and lender fees are not included. All math happens in your browser; nothing is sent or stored.
About this tool
Before signing any loan, you need to know the real monthly cost. The EMI calculator turns a loan amount, interest rate and tenure into your exact monthly payment, plus the total interest you will pay over the life of the loan.
Compare scenarios side by side: a slightly lower rate or a shorter tenure can save thousands. The calculator supports any currency from the currency selector and shows a clear principal-versus-interest breakdown.
How to use the emi calculator
- 1Enter the loan amount.
- 2Set the annual interest rate and tenure.
- 3See your monthly EMI instantly.
- 4Review total interest and total payable breakdown.
Frequently asked questions
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