Finance

EMI Calculator

Equated Monthly Installment for any loan.

Result
$6,199.28 / mo
Equated Monthly Installment
Total payment
$743,914.13
Total interest
$243,914.13

Calculate the EMI (Equated Monthly Installment) for home, car, or personal loans, plus total interest paid over the tenure.

How it works

EMI = P · i · (1+i)^n / ((1+i)^n − 1), where P is the principal, i is the monthly rate and n is the number of months.

Example

₹500,000 at 8.5% for 10 years → EMI ≈ ₹6,199 / month.

Popular calculators

The most-used tools on Calcly.

Related calculators