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EMI Calculator

The EMI (Equated Monthly Installment) calculator estimates your monthly EMI payment for a loan based on the loan amount, interest rate, and tenure.

How to use: enter Principal, APR, Tenure ? click Calculate
Outputs: EMI, total interest, total payment, amortization schedule
Example: 240 months = 20 years.

Results

Monthly EMI: —
Total Interest: —
Total Payment: —

Amortization Schedule

Month-by-month breakdown (EMI, interest, principal, balance).
Month EMI Principal Interest Balance
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About This Calculator

The EMI Calculator computes your Equated Monthly Installment for loans. It shows the fixed monthly payment amount, total interest payable, and provides an amortization schedule for home loans, car loans, and personal loans.

How to Use

  1. Enter the Loan Amount
  2. Enter the Interest Rate per year
  3. Enter the Loan Tenure in months or years
  4. Click Calculate to see your EMI and payment breakdown

Practical Use Cases

  • Home Loans: Plan mortgage EMI payments
  • Car Financing: Calculate auto loan EMIs
  • Personal Loans: Understand monthly obligations
  • Loan Comparison: Compare EMIs across different offers
  • Budget Planning: Ensure EMI fits your monthly budget

? Frequently Asked Questions

How accurate is this

This calculator uses standard formulas and provides accurate results for typical use cases. For professional or critical applications, always verify results with certified professionals or official sources.

Is this calculator free to use?

Yes, this Financial Emi Calculator is completely free to use with no registration required. You can use it as many times as needed without any limitations.

Can I use this on mobile devices?

Absolutely! This calculator is fully responsive and works perfectly on smartphones, tablets, and desktop computers.

How do I interpret the results?

The results are displayed clearly with appropriate units. Refer to the "About This Calculator" section for detailed information.