Loan / EMI Calculator
Calculate your monthly loan payment (EMI) and total interest.
Enter loan amount, rate, and term.
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How to use this calculator
Enter the loan amount, annual interest rate, and term in years to get your monthly payment.
Formula / method used
EMI = P·r·(1+r)ⁿ / ((1+r)ⁿ − 1), r = monthly rate, n = months.