Loan (EMI) Calculator

Estimate your monthly loan payments and total interest cost.

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About the Loan (EMI) Calculator

Planning a major purchase like a home, car, or education? Our Loan (EMI) Calculator is the perfect tool to help you understand your financial commitment. "EMI" stands for Equated Monthly Installment, which is the fixed payment you make to a lender each month. By entering your loan amount, annual interest rate, and loan term, our calculator instantly shows you what your monthly payment will be. More importantly, it provides a full breakdown of the total amount you'll pay over the life of the loan, separating the total principal (the amount you borrowed) from the total interest. This helps you see the true cost of the loan and allows you to experiment with different terms or rates to find a payment plan that fits your budget.