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
0,138/month.
Frequently Asked Questions
About EMI
Calculate equated monthly installments for any loan.
Related Calculators
Mortgage Calculator
Calculate monthly mortgage payments, interest, and amortization
Use calculator
Compound Interest Calculator
See how your money grows with compound interest over time
Use calculator
Loan Calculator
Calculate loan payments, interest costs, and payoff timelines
Use calculator
Salary Calculator
Convert between hourly, monthly, and annual salary
Use calculator