EMI Calculator

Calculate monthly home, car, or personal loan repayments with full amortization charts and interest breakdowns.

Loading EMI Calculator...

Loan Repayment & Amortization Projections

By utilizing standard reducing-balance math, you can accurately plan home loans, car loans, and business financing. The amortization schedule details how each payment is split between reducing principal and interest costs.

Related Tools

GST Calculator

Calculate Goods and Services Tax (GST) for transactions. Supports GST Exclusive and Inclusive calculations with complete CGST, SGST, and IGST breakdowns.

Try Tool

Reverse GST Calculator

Extract the base tax amount and original price from a GST inclusive total price quickly and accurately.

Try Tool

SIP Calculator

Calculate the future value of your monthly Systemic Investment Plan (SIP) or one-time Lumpsum mutual funds.

Try Tool

Frequently Asked Questions

Answers to common questions about our calculations and terms.

Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are applied to both interest and principal each month.

EMI is calculated using the formula: EMI = [P x r x (1+r)^n] / [(1+r)^n - 1], where P is the principal loan amount, r is the monthly interest rate, and n is the tenure in months.