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Loan EMI Calculator — Home, Car & Personal Loans

Updated: June 2026 · Verified for FY 2026-27 · By Abishek

Calculate loan EMI with the standard reducing-balance formula. See monthly EMI, total interest and total repayment for home, car and personal loans.

Calculate EMI

What is EMI?

EMI (Equated Monthly Installment) is the fixed monthly payment made to repay a loan. It includes both principal and interest components.

Sources & methodology

Formulas on this page are shown in full above and verified against official sources.

Results are estimates for education and planning — not financial, tax or investment advice. Verify important decisions with a qualified professional.