EMI Calculator
Use this emi calculator to estimate a regular loan repayment. Enter loan amount, interest rate and repayment period and review an estimated payment, total interest and total repayment.
Amounts are in your own currency. Reducing-balance method; excludes processing fees and insurance.
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How it works
EMI = P·r·(1+r)ⁿ ÷ ((1+r)ⁿ−1), r = annual rate ÷ 12How to use the EMI Calculator
Start by entering loan amount, interest rate and repayment period. Keep the units consistent and check that each value belongs to the same question.
The result gives an estimated payment, total interest and total repayment. Lender fees, changing rates and payment timing can affect the final amount. Use it as a guide and check any instructions, rules or professional advice that apply.