ToolNova

EMI Calculator

Work out your EMI along with the principal-to-interest split over the loan tenure.

Monthly EMI

15,899.87

Principal500,000.00 (87%)
Total interest72,395.19 (13%)
Total payment572,395.19
Formula: EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is principal, r is the monthly interest rate, and n is the number of monthly installments.

How It Works

  1. 1Enter the loan principal, interest rate and tenure in months.
  2. 2View your EMI and payment breakdown instantly.

Features

  • Principal vs. interest breakdown
  • Works with any tenure in months

Privacy

All calculations happen instantly in your browser. Nothing you enter is ever sent anywhere.

Frequently Asked Questions

Same underlying formula — EMI is commonly expressed per month with tenure in months rather than years.