Result window
Download: Use this EMI calculator offline with our all-in-one calculator app for Android and iOS.
Advanced EMI calculator
To calculate loan repayment where payment is made in daily, quarterly, half-yearly or yearly installments, use this advanced loan calculator.
EMI calculation
The EMI formula (more commonly known as Amortization):
Where,
P = principal amount borrowed,
A = monthly payment or emi,
r = interest rate in % divided by 12,
n = total number of months
More Loan Calculators
- Loan Term
- Loan APR
- Loan Amount
- Early Loan Repayment
- Home Loan Eligibility, India
- Present value of annuity