EMI Calculator

Work out your monthly loan installment, total interest and total payment for home, car or personal loans — instantly, right in your browser.

Planning a home, car or personal loan? Lilu Baba's EMI Calculator works out your exact monthly installment (EMI), total interest payable, and total repayment amount — all computed instantly in your browser using the standard reducing-balance EMI formula banks use.

How to use this calculator

  1. Enter (or drag the slider for) the loan amount you plan to borrow.
  2. Set the annual interest rate your lender has quoted you.
  3. Choose your repayment tenure in years — your EMI updates instantly.
Monthly EMI ₹0
Principal Amount ₹0
Total Interest ₹0
Total Payment ₹0

EMI Calculator — frequently asked questions

EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate, and n is the number of monthly installments.

No — everything is calculated locally in your browser. Nothing is sent to our servers.