EMI Calculator by Er. Ajay Kumar

Loan Amount (Principal)

Enter total loan amount.

Annual Interest Rate (%)

Annual interest percentage.

Tenure

Number of years or months.

Tenure Unit

Select tenure unit.

Show amortization schedule

Formula: EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ − 1), where r = monthly interest rate, n = total months.