Loan EMI Calculator
Calculate your monthly loan payments instantly with our easy-to-use calculator
Loan Amount
Interest Rate (%)
Loan Tenure (Years)
Monthly EMI
Quick Tips
Click quick buttons or type custom value with ₹ symbol
Use slider or type directly - all values sync in real-time
Press Enter after typing or click Apply button
About Loan EMI Calculator
A Loan EMI (Equated Monthly Installment) Calculator is a financial tool that helps you calculate the monthly payments you need to make towards your loan. It takes into account the principal loan amount, interest rate, and loan tenure to provide accurate EMI amounts.
What is EMI?
EMI stands for Equated Monthly Installment. It's the fixed amount you pay to the lender each month until your loan is fully repaid.
How EMI is Calculated?
EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P = Principal, R = Monthly interest rate, N = Loan tenure in months.
Why Calculate EMI?
Knowing your EMI helps in financial planning, budgeting, and choosing the right loan terms that fit your monthly budget.
Features
Custom Input
Type exact loan amount and interest rate values with apply button.
Quick Buttons
Pre-set buttons for common loan amounts and interest rates.
Slider Control
Interactive sliders for easy adjustment of all parameters.
Indian Formatting
₹ symbol with proper spacing as per Indian convention (₹ 20,00,000).
Detailed Breakdown
Shows principal vs interest breakdown for each EMI.
Share & Download
Share results on WhatsApp or download as PDF report.
Common Uses
Home Loan Planning
- Calculate EMI for different property prices
- Compare loan offers from different banks
- Plan your down payment amount
Car/Bike Loan
- Determine affordable vehicle price range
- Compare dealership financing options
- Plan for additional expenses
Personal Loan
- Plan for medical emergencies
- Calculate wedding expenses EMI
- Debt consolidation planning
Education Loan
- Plan for higher education expenses
- Calculate study abroad costs
- Compare education loan schemes
How to Use
Choose Amount
Click quick buttons (₹ 5L, ₹ 10L, ₹ 20L, ₹ 50L, ₹ 1Cr) OR type exact amount like ₹ 25,00,000 in custom field and click Apply.
Set Interest Rate
Use quick rate buttons (6.5%, 7.5%, 8.5%, etc.) OR type custom rate like 9.25% in field and click Apply.
Select Tenure
Choose from quick tenure buttons (5-25 years) OR type custom years like 18 and click Apply.
View Results
See real-time EMI, total interest, and payment breakdown. All values update instantly with proper ₹ formatting.
Share or Save
Share calculation via WhatsApp or download as PDF report for future reference.