💳
Loan EMI Calculator
Calculate Equated Monthly Installments for loans
📊
Financial Calculators ✅ Free to Use
Loan EMI Calculator
Calculate Equated Monthly Installments (EMI) for home loans, personal loans, and other financing options. Plan your monthly budget effectively.
$4,339.12
Monthly EMI
Equated Monthly Installment
$500,000.00
Principal Amount
$541,387.88
Total Interest
$1,041,387.88
Total Payment
Loan Summary
Loan Amount: $500,000.00
Interest Rate: 8.5% per annum
Loan Tenure: 20 years (240 months)
Monthly EMI: $4,339.12
Total Interest: $541,387.88
Total Payment: $1,041,387.88
EMI Planning Tips
💡 EMI to Income Ratio
Keep your total EMIs under 40-50% of your monthly income for comfortable repayment and financial stability.
🎯 Prepayment Benefits
Making prepayments can significantly reduce your total interest burden. Even small additional payments make a big difference over time.