EMI Calculator
Estimate monthly loan EMI, total interest and repayment amount.
Enter the loan details and calculate.
How to use EMI Calculator
Enter the principal, annual interest rate and repayment period in months. The result shows the estimated monthly instalment, total interest and total payment.
Privacy
This tool runs in your browser. ToolHyv does not need to receive the values you enter to perform this calculation.
Frequently asked questions
Is this an official bank quote?
No. It is an estimate based on the standard reducing-balance EMI formula.
Can I use a zero interest rate?
Yes. At zero interest the loan amount is divided evenly across the repayment months.