Loan EMI Calculator

Estimate equal monthly loan payments and total interest.

How this calculator works

Enter the values for loan amount, annual interest (%), tenure (years). The result applies the displayed method and rounds only for presentation.

Formula / method

EMI = P r(1+r)^n / ((1+r)^n − 1)

Worked example

Worked example: Loan amount = 2000000; Annual interest (%) = 8.2; Tenure (years) = 15.

Assumptions and limitations

The inputs use the units shown and the displayed loan emi calculator method applies to the situation being estimated.

This loan emi calculator uses the stated formula and supplied units; unusual inputs, local rules or professional context can change the interpretation.

Informational only: this estimate is not financial advice. Actual rates, fees, taxes and lender or market terms may differ.