An EMI calculator turns a loan amount, an interest rate, and a tenure into a monthly payment. The page uses the standard reducing-balance formula.

Worked example

Borrow 500,000 at 9% a year for 60 months. The monthly EMI is 10,379.18. Pay that for five years and the total is about 622,750.66, so the interest is about 122,750.66. A rupee of rounding can appear because the power in the formula is a long decimal. The page rounds the display to two places.

Use it to compare tenures before you sit down with a lender. Do not treat it as a sanction letter. A fee, insurance add-on, or a rate that changes after a year will move the real debit.

  1. Open emicalculator.beastbrowser.com.
  2. Enter principal, annual interest, and months.
  3. Read the monthly EMI, total payment, and interest.

A monthly investment, rather than a loan, belongs on the SIP calculator.