EMI Calculator

    Calculate Equated Monthly Installments for loans

    $
    %
    years

    Formula

    EMI = P Γ— r Γ— (1+r)^n / ((1+r)^n - 1)

    P = principal, r = monthly rate, n = total months.

    Examples

    $500k at 8% for 5 years

    EMI β‰ˆ

    0,138/month.

    Frequently Asked Questions

    About EMI

    Calculate equated monthly installments for any loan.