Loan EMI Calculator
Calculate loan EMIs and payment schedules
Monthly EMI
0.00
Total Interest
0.00
Total Payment
0.00
EMI Formula
EMI = [P × r × (1 + r)^n] / [(1 + r)^n - 1]
Where:
EMI = Equated Monthly Installment
P = Principal Loan Amount
r = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100)
n = Loan Term in Months