Loan EMI Calculator
Calculate monthly EMI for mortgages, auto loans, or personal loans based on principal, annual interest rate, and tenure.
Your inputs are calculated locally in your browser. No personal data is sent across the network.
$50,000
$
7.5%
Monthly Repayment (EMI)USD ($)
$1,001.90/ month
Principal: 83%Interest: 16.8%
Total Interest Payable
$10,113.85
Total Amount Payable
$60,113.85
How to use this tool
1Step 1
Enter the loan principal amount.
2Step 2
Enter the annual interest rate percentage.
3Step 3
Select tenure in years or months to see monthly EMI and interest breakdown.
Frequently asked questions
How is EMI calculated?
Using standard compound reducing balance formula: P × r × (1 + r)^n / ((1 + r)^n - 1).