EMI Calculator
Calculate your Equated Monthly Installment (EMI) for loans and mortgages
About EMI Calculation
EMI (Equated Monthly Installment): Fixed payment amount made by a borrower to a lender at a specified date each calendar month.
Reducing Balance: Interest is calculated on the outstanding loan balance.
Flat Rate: Interest is calculated on the original loan amount.
This calculator is for estimation purposes only. Actual terms may vary by lender.