Iphone on Emi - Caluclate Emi

About Loan EMI Calculator

EMI (Equated Monthly Installment) is the fixed amount you pay monthly for a loan. Our calculator helps you estimate this payment based on loan amount, interest rate, and tenure.

Why Use This Calculator?

• Budget Planning: Know your monthly financial commitment
• Loan Comparison: Compare different loan offers easily
• Total Cost: See the full interest payable over the loan term
• Instant & Free: Get results quickly, no registration needed

How It Works:

We use the standard EMI formula: EMI = [P x R x (1+R)^N] / [(1+R)^N-1] where P=Principal, R=Monthly Interest Rate, N=Tenure in Months.

Supported Countries:

Calculate in USD ($), INR (₹), PKR (₨), GBP (£), and AED (د.إ).