EMI Calculator – Calculate Loan EMI, Interest & Total Amount
Use this free EMI Calculator to calculate monthly loan EMI, total interest and total payment. Works for home loan, car loan & personal loan.
EMI Calculator
HOW TO USE EMI CALCULATOR
- Enter loan amount
- Enter interest rate per year
- Enter loan tenure in years
- Click Calculate EMI
- Get EMI, total interest & total payment instantly
DESCRIPTION
The EMI Calculator helps you calculate your monthly loan EMI quickly and accurately. It works for home loans, car loans, and personal loans. By entering the loan amount, interest rate, and loan tenure, you can instantly know your monthly EMI along with the total interest payable and total repayment amount.
This free EMI calculator is ideal for financial planning and comparing loan offers from different banks. It helps you choose the best loan tenure based on your budget. The tool is easy to use, mobile-friendly, and provides accurate results using standard EMI formulas. No registration or login is required. Whether you are planning to buy a house, car, or need a personal loan, this EMI calculator saves time and avoids calculation errors.
PROS & CONS
Pros
Accurate EMI calculation
Supports all loan types
Fast & easy to use
Mobile-friendly design
Cons
Does not include processing fees
Interest rate must be accurate
FAQ
What is EMI?
EMI stands for Equated Monthly Installment, paid monthly to repay a loan.
Can I calculate home loan EMI?
Yes, this calculator works for home, car, and personal loans.
Is this EMI calculator free?
Yes, it is 100% free to use.
Is EMI calculation accurate?
Yes, it uses the standard EMI formula used by banks.