Loan EMI Calculator
Estimate your monthly loan repayment, total interest and total cost.
How the EMI is calculated
The equated monthly instalment uses the standard amortisation formula: EMI = P x r x (1+r)^n / ((1+r)^n - 1), where P is the loan amount, r is the monthly interest rate and n is the number of monthly payments.
Results are estimates. Fees, insurance and rate changes from your lender are not included.