EMI & Loan Calculator
Work out the monthly instalment on a business or personal loan, and what the interest actually costs you over the full term.
Free · no account · calculates in your browser
Your numbers
Monthly EMI
₹16,607
- Total interest
- ₹97,858
- Total repayable
- ₹5,97,858
How this is calculated
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where r is the monthly rate (annual ÷ 12 ÷ 100) and n is the number of months.
Assumes a fixed rate and equal instalments. Processing fees, insurance and prepayment charges are not included.
What people use this for
- Size a business loan
- Compare tenure options
- See the real cost of interest