Free Calculator · by Mana Studio

EMI Calculator

Work out your monthly EMI, total interest and total payment for any loan.

Monthly EMI
₹8,997
Total interest
₹11,59,342
Total payment
₹21,59,342
Principal
₹10,00,000

100% private — every calculation runs in your browser and nothing is stored.

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By Mana Studio

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The EMI Calculator shows your Equated Monthly Instalment for any loan — home, car, personal or business. Enter the loan amount, interest rate and tenure to see the monthly EMI, the total interest you'll pay, and the total amount. It calculates instantly in your browser.

Why use this calculator

1

Any loan type

Works for home, car, personal and business loans of any size.

2

Full breakdown

See monthly EMI, total interest and total payable, not just one number.

3

Instant and private

Nothing is submitted — the calculation runs entirely in your browser.

How to use it

Step 1

Enter the loan amount

The principal you want to borrow.

Step 2

Add rate and tenure

The annual interest rate and the loan period in months or years.

Step 3

See your EMI

The monthly instalment and totals update instantly.

Frequently asked questions

How is EMI calculated?+

EMI uses the formula P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the principal, r is the monthly interest rate, and n is the number of months. This tool does the maths for you.

Does a longer tenure reduce my EMI?+

Yes, a longer tenure lowers the monthly EMI, but you pay more total interest over the life of the loan. The calculator shows both so you can compare.

Is the interest rate monthly or yearly?+

Enter the annual rate — the calculator converts it to a monthly rate internally, which is how banks quote and compute EMIs.

Is my data saved?+

No. The calculation runs in your browser and nothing you enter is sent to a server or stored.

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