EMI Calculator

Calculate your Equated Monthly Installment (EMI) for any kind of loan—Home, Car, or Personal. Plan your finances better.

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EMI Calculator

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Calculate Equated Monthly Installment for any loan

How It Works

  1. Enter the principal Loan Amount.
  2. Input the annual Interest Rate.
  3. Set the Tenure (duration) in years or months.
  4. Click "Calculate EMI" to get the exact monthly figure.

Use Cases

  • Checking affordability before applying for a loan
  • Comparing EMI options from different banks
  • Financial planning for big purchases
  • Personal debt management

Frequently Asked Questions

What does EMI stand for?

EMI stands for Equated Monthly Installment - the fixed amount you pay every month.

Does the EMI change?

For fixed-rate loans, the EMI remains constant. For floating-rate loans, it may change if market rates fluctuate.

Does this include prepayment?

No, this calculates the standard schedule. Prepayments usually reduce the tenure or future EMIs.