Business & Finance

EMI Calculator

Estimate a fixed monthly loan installment.

Calculations run in this browser. Values are not submitted to the server.

Formula and assumptions

EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), with monthly rate r = annual rate ÷ 12. Assumes fixed rate and monthly payments.

Example values are shown in the input placeholders. Results use browser number precision unless the tool uses exact integer arithmetic. Check units and assumptions before using a result.

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