EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan over a set period, covering both principal and interest.

Does this calculator account for processing fees?

No, this calculates a standard EMI based on principal, interest rate, and tenure only — it doesn't include any additional fees your lender may charge.

EMI Calculator

Calculate your monthly loan EMI, total interest, and total payment.

Loan Amount

Interest Rate (% per year)

Tenure (months)

Monthly EMI

8791.59

Total Interest

5499.06

Total Payment

105499.06

How to Use This Tool

1Enter your loan amount (principal).
2Enter the annual interest rate.
3Enter the loan tenure in months.
4The monthly EMI, total interest, and total payment update automatically.

Frequently Asked Questions

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