Finance
EMI Calculator
Plan home, auto and personal loans with a precise EMI estimate. Adjust principal, rate and tenure to see exactly how much interest you'll pay over the life of the loan.
Crunching the numbers…
Methodology
How we calculate this
EMI = P × r × (1+r)^n / ((1+r)^n − 1)
P = principal, r = monthly rate, n = total months.
Interest = EMI × n − P
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Frequently asked
- Which formula does this use?
- Standard reducing-balance EMI: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where r is the monthly rate.
- Does it include processing fees?
- No — it focuses on the principal-and-interest EMI. Add fees and insurance separately when comparing loan offers.
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