Loan Calculator
Calculate your EMI and plan your loan repayment with our easy-to-use calculator
Loan Details
₹5,00,000
₹50,000₹1 Crore
10.5%
6%24%
36 months (3 years)
6 months7 years
Your Monthly EMI
₹0
per month for 36 months
Loan Summary
Loan Amount₹5,00,000
Total Interest₹0
Total Amount Payable₹0
Loan Tenure36 months (3 years)
Principal vs Interest
Principal AmountInfinity%
₹5,00,000
Total InterestNaN%
₹0
How is EMI Calculated?
EMI (Equated Monthly Installment) is calculated using the following formula:
EMI = [P × R × (1+R)^N] / [(1+R)^N-1]P = Principal loan amount
R = Monthly interest rate (Annual rate / 12 / 100)
N = Loan tenure in months