Impact Tech Solutions · Financial Calculators
LOAN / EMI

Loan / EMI Calculator

Calculates the monthly installment (EMI), total interest, and total repayment for any fixed-rate loan using the standard amortization formula.
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Rs. 0
Monthly EMI
Rs. 0
Total Payment
Rs. 0
Total Interest
0
Number of Installments

Formula Reference

EMI = P × r × (1+r)n ÷ [(1+r)n − 1]
Where P = Principal, r = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100), n = Number of Monthly Installments
Total Payment = EMI × n  |  Total Interest = Total Payment − Principal
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