How the math works
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where r is monthly rate and n is months.
Example
- Enter the loan amount.
- Enter annual interest rate.
- Enter tenure in months or years.
Catch the catches
- A lower EMI with a much longer tenure can cost more interest overall. Check total interest too.
Questions
Are these calculators free?
Yes. They run in your browser. You do not need an account, and we do not require personal financial data to use them.
Should I treat the result as a bank or store quote?
No. Results are educational math. Merchants, lenders, and tax rules can differ. Verify the live terms before you pay.