Personal Loan EMI Calculator

Compute monthly EMI, total interest, and view a full amortization schedule.

Tip: you can enter months directly (e.g., 60 months = 5 years).

How EMI is calculated

Monthly rate r = annual rate / 12 / 100. Number of payments n = tenure in months. EMI is: EMI = P × r × (1 + r)^n / ((1 + r)^n − 1)

Example

Loan ₹5,00,000 at 12% p.a. for 60 months gives a monthly EMI calculated using the formula above.

Amortization schedule

No data — calculate EMI to view schedule.