SIP Calculator
Calculate SIP growth with compound returns over time.
Open SIP Calculator
EMI Calculator
Calculate your monthly EMI, total interest, and total loan repayment.
EMI estimate
Monthly EMI
8,678.23
Total interest payable
1,082,775.76
Total payment (principal + interest)
2,082,775.76
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Frequently asked questions
Common questions about this tool.
EMI (Equated Monthly Installment) is the fixed amount you pay every month to repay a loan over a chosen tenure. It includes both principal and interest.
This calculator uses the standard reducing-balance EMI formula based on loan amount, annual interest rate, and tenure in months.
It is the total interest you pay over the full loan tenure, calculated as total repayment minus the original loan principal.
A longer tenure spreads repayment across more months, lowering monthly EMI, but interest accrues for a longer period, increasing total interest outgo.
When interest is zero, EMI becomes principal divided by the number of months, and total interest payable is zero.
Yes. EMI math is the same for many installment loans, as long as they follow fixed-rate reducing-balance repayment.
Banks may use specific day-count conventions, compounding assumptions, processing charges, or rounding policies that can cause small differences.
No. It is an estimate tool for planning. Final loan terms, rates, and fees are decided by your lender.