Calculates the Equated Monthly Installment (EMI) for a loan, based on the principal amount, interest rate, and loan tenure.
Start with your values, or try a preset.
Enter Loan Amount (Principal), Annual Interest Rate, and Loan Tenure (Years) in the units shown.
Read Loan Tenure (Months), Monthly Interest Rate, EMI (Equated Monthly Installment), Total Payment, and Total Interest Paid in the results panel. Results update as you change the inputs.
Choose a preset to load an example, then adjust the values for your situation.
See the inputs and their calculated results.
Loan Amount (Principal): 50,000 USD; Annual Interest Rate: 6 %; Loan Tenure (Years): 3 years
Loan Tenure (Months): 36 months; Monthly Interest Rate: 0.005; EMI (Equated Monthly Installment): 1,521.096873 USD; Total Payment: 54,759.48741 USD; Total Interest Paid: 4,759.487413 USD
Loan Amount (Principal): 150,000 USD; Annual Interest Rate: 7.5 %; Loan Tenure (Years): 5 years
Loan Tenure (Months): 60 months; Monthly Interest Rate: 0.00625; EMI (Equated Monthly Installment): 3,005.692289 USD; Total Payment: 180,341.5374 USD; Total Interest Paid: 30,341.53736 USD
Loan Amount (Principal): 300,000 USD; Annual Interest Rate: 8 %; Loan Tenure (Years): 10 years
Loan Tenure (Months): 120 months; Monthly Interest Rate: 0.006666666667; EMI (Equated Monthly Installment): 3,639.827831 USD; Total Payment: 436,779.3397 USD; Total Interest Paid: 136,779.3397 USD
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