EMI Calculator
Calculate your monthly EMI for a home, car, or personal loan, and see the total interest you'll pay. Calculated in your browser.
Estimate only. Actual EMI depends on your lender's exact rate, fees, and compounding. Your inputs never leave your device.
Calculate the monthly EMI for a home, car, or personal loan, along with the total interest you'll pay over the loan term. A fast way to understand what a loan really costs.
How to use
- Enter the loan amount, annual interest rate, and tenure in years.
- Calculate to see your monthly EMI.
- Review the total interest and total payment to understand the full cost.
Frequently asked questions
How is EMI calculated?
Your EMI is worked out from the loan amount, the interest rate, and the number of months. Each monthly payment covers the interest plus a part of what you borrowed, and stays the same every month.
Does a longer tenure reduce my EMI?
Yes, a longer tenure lowers the monthly EMI but increases the total interest you pay over the life of the loan. The tool shows both so you can weigh the trade-off.
Is this estimate exact?
It's a close estimate. Your lender's exact rate, processing fees, and compounding method can change the real figure, so confirm with them before borrowing.