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EMI Calculator
Calculate monthly EMI, total interest and total payment for any loan.
Result
Monthly EMI
10,747
Total interest
144,817
Total payment
644,817
Features
- ✓Standard reducing-balance EMI formula
- ✓Total interest and total payment shown
- ✓Works for any currency
How to use
- 1Enter loan amount, interest rate and tenure
- 2See your monthly EMI instantly
- 3Check total interest and total payment
Frequently asked questions
What formula is used?+
The standard EMI formula: P × r × (1+r)^n / ((1+r)^n − 1), where r is the monthly interest rate.
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