EMI Calculator
Calculate loan EMI with amortization.
Frequently Asked Questions
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is principal, r is the monthly interest rate, and n is the number of monthly installments.
Does this include processing fees?
No, this calculates pure principal + interest EMI. Check with your lender for any additional fees.