EMI Calculator

An EMI (Equated Monthly Installment) calculator is a financial tool used to calculate the fixed monthly payment amount towards a loan, with a specified interest rate and loan tenure. It helps borrowers understand their repayment obligations and plan their finances accordingly.

To use the EMI calculator, enter the loan amount, interest rate (annual percentage), and loan tenure (in months) in the form below and click "Calculate EMI". The calculator will then compute the EMI, total interest payable, and total payment (principal + interest) and display the results.