EMI Calculator & Interest Calculator
Calculate Loan EMI, Simple Interest, and Compound Interest instantly. Compare monthly installments, total interest payable, and overall loan cost with our free and accurate EMI & Interest Calculator.
Select Interest Type
Calculator Inputs
₹
₹1.00 L
₹1K₹5Cr
8.5%
0.1%50%
5 years
0.150
Quick Examples
Interest Formulas
Simple Interest:
SI = (P × R × T) ÷ 100
Where P = Principal, R = Rate, T = Time in years
Compound Interest:
A = P(1 + r/n)^(n×t)
A = Total amount, r = Rate, n = Compounding frequency, t = Time
EMI Formula:
EMI = [P × r × (1+r)^n] ÷ [(1+r)^n - 1]
r = Monthly rate, n = Number of months
Disclaimer
This calculator provides estimates only. Actual interest rates and terms may vary. Please consult with a financial advisor for personalized advice.