EMI Calculator —
Know your loan before you sign.
Calculate exact monthly EMI for home loan, car loan, personal loan or education loan. Get full amortization schedule with principal & interest breakdown — instantly, free.
EMI Calculator — Everything You Need to Know
An EMI (Equated Monthly Instalment) calculator helps you plan your loan repayment before you borrow. Whether it is a home loan, car loan, personal loan, or education loan — knowing your monthly outgo in advance helps you budget better and avoid financial stress.
Calculate EMI for Every Loan Type
Home Loan EMI
SBI, HDFC, ICICI & Axis rates range 8.5%–9.5% p.a. A ₹50L loan at 9% for 20 years = EMI of ~₹44,986. Amounts from ₹10 lakh to ₹5 crore.
Car Loan EMI
Car loan rates start at 8.7%–14% depending on credit score. A ₹8L car loan at 10% for 5 years → monthly EMI = ₹17,003.
Personal Loan EMI
Personal loans carry higher interest (10.5%–24%). A ₹5L personal loan at 15% for 3 years = EMI of ₹17,332. Compare offers from multiple banks.
Education Loan EMI
Education loans have a moratorium period during study. Post-moratorium repayment begins. Rates range 8%–15% based on institution and lender.
Frequently Asked Questions
What is EMI?
EMI stands for Equated Monthly Instalment. It is a fixed payment made by a borrower to a lender every month. Each EMI covers a portion of the principal and the interest accrued on the remaining balance.