How to Use

Using our EMI calculator is simple and straightforward. Follow these steps:

• Enter Loan Amount: Input the total amount you wish to borrow
• Set Interest Rate: Specify the annual interest rate offered by your lender
• Choose Loan Tenure: Select the repayment period in years
• Calculate: Click the calculate button to see your results instantly

The calculator will immediately show you:

• Your monthly EMI amount
• Total interest payable over the loan tenure
• Total payment (principal + interest)
• Visual breakdown of principal vs interest

Why Use EMI Calculator

Our EMI calculator is an essential financial planning tool that offers several benefits:

• Financial Planning: Helps you budget your monthly expenses by knowing your exact EMI obligation
• Loan Comparison: Compare different loan offers from various lenders to find the best deal
• Informed Decisions: Understand the total cost of borrowing before committing to a loan
• Tenure Optimization: Experiment with different tenures to find a balance between EMI affordability and total interest
• Prepayment Planning: See how additional payments can reduce your loan tenure and total interest

Whether you're planning for a home loan, car loan, personal loan, or education loan, our calculator provides accurate results to help you make informed financial decisions.