Loan EMI Calculator – Calculate EMI, Interest & Total Payment Instantly
Loan EMI Calculator
Loan EMI Calculator helps you calculate your monthly loan repayment (EMI), total interest, and total payment easily. Just enter the loan amount, interest rate, and loan tenure — and this calculator will show your monthly EMI instantly.
It works for home loans, personal loans, car loans, education loans, and any other kind of fixed-rate loan. The calculator is mobile-friendly, fast, and completely free to use.
Use it to plan your finances, compare loans, or calculate your EMI before applying.
FAQs
What is an EMI Calculator?
An EMI calculator helps you calculate your monthly loan repayment amount based on your loan amount, interest rate, and tenure.
How is EMI calculated?
EMI is calculated using the formula:
EMI = [P x R x (1+R)^N] / [(1+R)^N – 1], where P = loan amount, R = interest rate per month, N = tenure in months.
What types of loans can I calculate EMI for?
You can calculate EMI for home loans, car loans, personal loans, education loans, and business loans.
Is this EMI calculator free to use?
Yes, this EMI calculator is 100% free, accurate, and works offline in your browser.
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