Calculate monthly EMI for home, car, or personal loans — with full amortization schedule.
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Get Started FreeEMI (Equated Monthly Instalment) is the standard repayment method for loans in India. Whether you're taking a home loan, car loan, or personal loan, understanding your EMI helps you plan your monthly budget and compare loan offers from different banks.
EMI = P × r × (1+r)^n / ((1+r)^n − 1)Where P = Principal, r = Monthly interest rate, n = Number of months
| Loan Type | Amount | Rate | Tenure | EMI |
|---|---|---|---|---|
| Home Loan | ₹50,00,000 | 8.5% | 20 years | ₹43,391 |
| Car Loan | ₹8,00,000 | 9% | 5 years | ₹16,607 |
| Personal Loan | ₹3,00,000 | 12% | 3 years | ₹9,963 |
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