Welcome to emicalculatorapp.com.
This website helps you calculate your loan EMI in a clear and simple way.

We build this app to make EMI calculation in simple way with great view using graphs.

The EMI calculator works for home loans, car loans, personal loans, and similar loans. The process is the same for all loan types, which makes it easy to use.

You need to enter three main details.

Loan amount

Interest rate

Loan tenure

For loan amount and interest rate, you have two options. You can type the number directly. Or you can use the slider to adjust values. Many users like sliders because they help compare EMIs quickly.

Loan tenure can be selected in years or months. This matches how banks usually show loan terms. You don’t have to convert anything manually. The home page also includes an EMI start date option. You can choose the exact day, month, and year when your EMI begins.

This helps align the schedule with your real bank EMI cycle. After clicking calculate, results appear immediately. First, you see your monthly EMI amount. This is the fixed amount you will pay every month. Next, you see the total interest payable over the full loan period. This helps you understand the real cost of borrowing.

EMI Calculation

WE calculate using a standard mathematical formula:

EMI = P × r × (1 + r)ⁿ / [(1 + r)ⁿ − 1]

Where:

P is the total loan amount

r is the monthly interest rate (For example, if the annual interest rate is 12%, then r = 12 ÷ (12 × 100) = 0.01)

n is the total number of monthly installments

This formula keeps your EMI amount constant, even though the split between interest and principal changes over time.