EMI to Calculator

Posted By: Admin Published: 07, Nov 2025

EMI  to Calculator


EMI to Calculator

An EMI (Equated Monthly Installment) Calculator helps you easily estimate your monthly loan repayments. By entering the loan amount, interest rate, and loan tenure, you can instantly find out how much you need to pay every month towards your loan.

This tool is ideal for planning your finances before applying for home loans, car loans, personal loans, or any other type of borrowing. It gives you a detailed breakup of the principal and interest components, helping you make informed decisions and compare different loan options effectively.

Key Features

  • Quick and accurate EMI calculation
  • Adjustable sliders for loan amount, interest rate, and tenure
  • Instant results with detailed payment summary
  • Helps in financial planning and budgeting

Conversion Formula

EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

Examples

  1. Example Personal Loan:[10,00,000 x 15/100/12 x (1+15/100/12)^24] / [(1+15/100/12)^24-1]= Rs 48,487.
  2. Example Car Loan : [10,00,000 x 12/100/12 x (1+12/100/12)^24] / [(1+12/100/12)^24-1] = Rs 47,073
  3. Example Home Loan:[ 25,00,000×0.006667×(1.006667)240​]/[(1.006667)240-1] =Rs 4.926

Conclusion

An EMI Calculator helps you plan your loan repayments with ease and accuracy. It instantly shows your monthly EMI, total interest, and overall payment, ensuring smarter borrowing decisions. Use it to stay within budget and manage your finances confidently.