Loan / EMI Calculator

Estimate the monthly payment, total interest and total cost of a loan.

10,623.52
Monthly payment
137,411.34
Total interest
637,411.34
Total payable
60
Payments

An estimate on a fixed-rate, reducing-balance loan. Your lender’s fees and rounding may change the exact figure.

How to use Loan / EMI Calculator

  1. Enter the loan amount, yearly interest rate and term.
  2. See the monthly instalment, total interest and total payable.

Good to know

  • EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where r is the monthly rate and n the number of months.

Privacy

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