EMI Calculator

Calculate monthly EMI, total payment and interest. Includes amortization schedule.

Monthly EMI

Amount payable per month

Total Payment

Principal + Interest

Total Interest

Total interest over loan
Formula: EMI = P × r × (1+r)n / ((1+r)n − 1), where r = monthly rate, n = months.

Quick Tips

Example

Loan: ₹500,000
Interest: 10% p.a.
Tenure: 5 years
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