EMI Calculator

5,00,000
8.5%
5 years

Loan Breakdown

Monthly EMI
₹0
Total Interest
₹0
Total Payment
₹0
Interest %
0%

EMI (Equated Monthly Installment) is calculated using the formula:
EMI = [P x R x (1+R)^N]/[(1+R)^N-1] where P=Principal, R=Monthly Interest Rate, N=Number of Monthly Installments