Loan EMI Calculator - Calculate Monthly EMI & Interest

Free loan EMI calculator to calculate monthly payments, total interest, and repayment schedule for loans and mortgages.

Loan EMI Calculator

EMI Calculation Result

Enter loan details to calculate EMI

About Loan EMI Calculator

Our loan EMI calculator helps you calculate your monthly loan payments for mortgages, personal loans, and other types of loans. Perfect for financial planning and loan comparison.

How EMI is Calculated

EMI = [P x R x (1+R)^N] / [(1+R)^N-1], where P = Principal, R = Monthly interest rate, N = Number of months

Benefits of Using EMI Calculator

  • Plan your monthly budget effectively
  • Compare different loan offers
  • Understand total interest payable
  • Make informed borrowing decisions