EMI Calculator

About EMI Calculator

EMI (Equated Monthly Instalment) is the fixed amount you pay to a lender each month until your loan is fully repaid. This calculator uses the standard EMI formula: EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ - 1), where P is principal, r is monthly interest rate, and n is number of months.