EMI Calculator

Equated Monthly Instalment(EMI)


Total Interest Payable


Total of Payments
(Principal + Interest)


Created with Highcharts 4.0.4Break-up of Total Payment41.73%58.27%Principal Loan AmountTotal InterestTotal Interest: 58.27%

What is EMI?

An equated monthly installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.

What are the different components taken in consideration to calculate EMI?

Different components considered in EMI calculation are

  • Interest Rate
  • Number of Monthly Instalment
  • Loan Amount
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