EMI Calculator
EMI means Equated Monthly Instalment: the fixed amount you pay each month on a loan. Use it to compare loans for a home, car or personal purchase before you apply.
Please note: This is an estimate. Banks may add fees, and their rounding can change the result slightly.
How to use this tool
- Enter the loan amount.
- Enter the yearly interest rate.
- Enter how long you will repay, in years or months.
- Click Calculate EMI to see the monthly payment, total interest and total cost.
Your privacy
This tool works inside your browser. What you type is not uploaded, saved or shared.