Loan EMI Calculator
Compute EMI, total interest and total payment.
How to use
- Enter principal, annual interest %, and tenure in months.
- Click Calculate to see EMI, total interest, and total payment.
About EMI
EMI uses a fixed-rate amortization formula with monthly compounding.
Tips
- Lower rates or longer tenure reduce EMI but increase total interest.
- Prepayments reduce outstanding principal and future interest.