EMI Calculator
Calculate your monthly EMI for personal loans, home loans, car loans and education loans instantly
Loan Details
Results
How to Use EMI Calculator
Complete step-by-step guide to calculate your Equated Monthly Installment for all types of loans
Step-by-Step Guide
Enter Loan Details
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Loan Amount
Specify the total amount you wish to borrow. Use the slider or directly type the amount in the input field.
Example: ₹25,00,000 for a home loan -
Interest Rate
Enter the annual interest rate offered by your lender. This rate significantly affects your EMI amount.
Example: 8.5% per annum -
Loan Tenure
Select the loan duration in years or months. Longer tenure means lower EMI but higher total interest.
Example: 20 years for a home loan
Select Loan Type
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Home Loan
Best for purchasing property. Typically offers the longest tenure and lowest interest rates.
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Car Loan
For purchasing new or used vehicles. Usually has moderate tenure and interest rates.
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Personal Loan
Unsecured loan for personal expenses. Generally has higher interest rates and shorter tenure.
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Education Loan
Specifically for education expenses. Often comes with special benefits and flexible repayment options.
Calculate & Analyze Results
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Calculate EMI
Click the “Calculate EMI” button to compute your monthly installment based on the entered parameters.
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Review Results
Analyze the detailed breakdown including monthly EMI, total interest payable, and total payment.
Monthly EMI: ₹21,548 | Total Interest: ₹26,71,520 | Total Payment: ₹51,71,520 -
Adjust & Compare
Modify any parameter to see real-time updates. Compare different scenarios to find the best option.
Important Note
Note: This EMI calculator provides approximate values for informational purposes. Actual loan terms may vary by lender based on credit score, income, employment history, and other factors. Always consult with your financial institution for exact loan terms and conditions.