Loan EMI Calculator
Calculate monthly loan installments with interest
How to Use
- Enter the loan amount you want to borrow (in dollars)
- Input the annual interest rate percentage offered by your lender
- Specify the loan tenure in months (e.g., 12, 24, 36)
- Click "Calculate EMI" to see your results
- Review your monthly EMI, total interest, and total payment amount
- Adjust values to compare different loan scenarios and find the best option
About This Tool
Our EMI (Equated Monthly Installment) calculator helps you plan your loans by calculating exact monthly payments. Whether you're considering a home loan, car loan, personal loan, or any other financing option, this tool provides accurate calculations in seconds. Enter your loan amount, interest rate, and tenure to instantly see your monthly EMI, total interest payable, and total amount you'll repay. Understanding your EMI helps you budget better, compare loan offers, and make informed financial decisions. The calculator uses the standard EMI formula used by banks and financial institutions, ensuring reliable results for your loan planning needs.
How to Use Loan EMI Calculator
Enter your loan amount, interest rate (annual), and loan tenure in months or years. The calculator will instantly show your monthly EMI (Equated Monthly Installment), total interest payable, and total amount to be paid over the loan period.
Key Benefits:
- Calculate EMI for home loans, car loans, personal loans
- See detailed breakdown of principal and interest
- Compare different loan scenarios instantly
- Plan your budget with accurate monthly payments
- Understand total interest cost before taking a loan