🏦 EMI Calculator
Calculate monthly EMI for any loan.
Quick Answer
EMI = P × r × (1+r)^n / ((1+r)^n – 1)
Example: ₹5L at 9% for 5yr → EMI ₹10,379
How to Calculate
EMI = P × r × (1+r)^n / ((1+r)^n – 1)
Examples
- ₹5L at 9% for 5yr → EMI ₹10,379
FAQs
What is EMI?
Equated Monthly Installment — fixed monthly payment to lender.
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n - 1)