EMI Calculator

High-precision amortization for loans & mortgages.

finance

Adjust the inputs below

%
Years
Monthly EMI
$0
Total Interest
$0
Total Payment
$0

Formula

EMI = P Γ— r Γ— (1+r)^n / ((1+r)^n - 1)

FAQs

What is EMI?

EMI stands for Equated Monthly Installment, a fixed payment made to the lender each month.

How is EMI calculated?

EMI depends on loan amount, interest rate, and tenure using the standard amortization formula.

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