Calculators › EMI calculator (home, car, personal loan)

EMI calculator (home, car, personal loan)

Your monthly instalment, the total interest and the total you pay over the loan.

How it is calculated

EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P = loan, r = yearly rate ÷ 12 ÷ 100, n = months.

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