Finance

Loan EMI Calculator

Estimate a fixed monthly loan payment from amount, rate and tenure.

Parameters

Result

$10,500.93
per month for 60 months
Total interest
$130,055.84
Total payment
$630,055.84

About this tool

Standard EMI calculation used for personal, home and auto loans. Shows monthly payment and total interest.

Formula

P × r × (1+r)^n ÷ ((1+r)^n − 1)