Loan EMI Calculator
Monthly instalment, total interest and total payment for any loan.
These are example values. Enter your own.
Result
Bank fees and insurance are not included.
How it's calculated
EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan amount, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of monthly instalments.
Frequently asked questions
How is the Loan EMI Calculator calculated?
EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan amount, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of monthly instalments.
How do I use the Loan EMI Calculator?
Enter your values in the fields above. The result updates instantly as you type, so there is no button to press. You can switch between English and Urdu, and change the currency, at the top of the page.
Is this calculator free and private?
Yes. It is free to use and needs no sign-up. All calculations run in your browser, so the numbers you enter are not sent to our server.
How accurate is the result of the Loan EMI Calculator?
Bank fees and insurance are not included. Results are estimates for information only, not professional advice.
Results are estimates for information only, not professional advice. · Last updated:
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