GrowthCalculator

Loan EMI Calculators

Choose a calculator for your specific loan needs.

General Loan EMI Calculators
Select a loan type to calculate your EMI.

Home Loan EMI Calculator

Parameters
Monthly EMI

0

Principal Amount

30,00,000

Total Interest

0

Total Payment

0

Loan Breakdown
Principal vs. Interest
Amortization Details
About EMI Calculator

An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. This calculator helps you determine your monthly loan payment, the total interest you'll pay, and the amortization schedule. It is essential for anyone taking out a loan (home, car, personal) to understand their monthly financial commitment and the total cost of borrowing.

E = P × r × (1 + r)^n / ((1 + r)^n - 1)

  • E: EMI (Equated Monthly Installment)
  • P: Principal Loan Amount
  • r: Monthly Interest Rate (Annual Rate / 12 / 100)
  • n: Loan Tenure in Months (Years * 12)