What is EMI / Loan Calculator?

Before taking a home, car or personal loan, you should know your monthly EMI. The EMI Calculator shows your exact monthly instalment, total interest and total payment for any loan amount, rate and tenure.

How to use this tool

Enter the loan amount (principal).
Enter the annual interest rate.
Enter the tenure in years or months.
View the monthly EMI, total interest and total payment instantly.

Frequently Asked Questions

What does EMI mean?

EMI (Equated Monthly Instalment) is the fixed amount you pay every month to repay a loan, including interest.

Does it show total interest?

Yes, it shows the total interest you will pay and the total amount (principal + interest).

Which loans can I calculate?

Any loan — home, car, personal, education — as long as you know the amount, rate and tenure.