EMI Calculator
Calculate your monthly EMI for home, personal and other educational, business loans
Monthly EMI
0
Total Principal
0
Total Interest
0
Total Payable
0
Effective Interest Rate per Year
0%
Loan Analysis
Amortization Schedule
| Month | Date | Principal | Interest | Prepayment | Balance | Outstanding % | Total Interest | Total Paid |
|---|
What is EMI?
Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.