💰 Loan Calculator

Calculate your EMI, total interest, and view complete payment schedule. Perfect for personal, home, and car loans!

📊 Instant EMI 📅 Amortization Schedule 📈 Interest Breakdown

Loan Details

Loan Calculator Guide

📊 What is EMI?

EMI (Equated Monthly Installment) is your fixed monthly payment towards loan repayment, including both principal and interest.

📈 How It's Calculated

EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P=Principal, R=Monthly Interest Rate, N=Tenure in months.

💡 Tips to Reduce EMI

Increase down payment, choose shorter tenure, improve credit score, or compare lenders for better rates.