EMI Calculator
Monthly installment, total interest and total repayment.
Results
Fill in the form and press Calculate.
Assumptions
- Fixed interest rate on a reducing balance, compounded monthly.
- Payments are made at the end of each month.
- Fees and insurance are not included.
About this tool
Enter the loan amount, annual interest rate and tenure to see the equal monthly installment (EMI), total interest and total repayment using the standard reducing-balance formula.