Fixed-rate loan EMI estimate
Estimate monthly loan payments, total repayment and interest. Inputs stay in your browser.
What this estimate includes
A fixed-rate reducing-balance loan with monthly payments. EMI = P × r × (1+r)^n / ((1+r)^n - 1), where r is the annual rate divided by 12 and 100. At zero interest, EMI = P / n.
This is not a loan offer or financial advice. Fees, taxes, insurance, changing interest rates and lender-specific rounding are not included. Actual repayment can differ. Do not enter account numbers or personal details.
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