Free EMI Calculator India 2026
Home Loan • Personal Loan • Gold Loan • Vehicle Loan • Education Loan • Business Loan
Calculate your monthly EMI, total interest, and repayment amount instantly. Supports all major loan types in India with accurate calculations.
EMI Calculator
Calculate EMI for all types of loans in India
Select Loan Type
Your Monthly EMI
per month
Popular Loans in India
Home Loan
Up to 30 Years
8.0% - 10.5%
Interest Rate
Personal Loan
1 - 7 Years
10.5% - 24%
Interest Rate
Gold Loan
6 - 12 Months
8.5% - 13%
Interest Rate
Vehicle Loan
1 - 7 Years
8.5% - 12%
Interest Rate
Education Loan
5 - 15 Years
8% - 13%
Interest Rate
Business Loan
1 - 10 Years
12% - 22%
Interest Rate
EMI Calculation Formula
EMI = [P × r × (1+r)n] / [(1+r)n − 1]
P = Loan Amount
r = Monthly Interest Rate
n = Loan Tenure (Months)
Why Use This EMI Calculator?
- ✅ Instant & accurate EMI calculation
- ✅ Supports home, personal, vehicle & business loans
- ✅ Real-time calculation with sliders
- ✅ Shows EMI, interest & total repayment
- ✅ Fast, responsive & mobile-friendly
Frequently Asked Questions
What is EMI?
EMI (Equated Monthly Installment) is the fixed amount you pay every month towards your loan. It includes both principal and interest.
Does this calculator support all loan types?
Yes. It supports Home Loan, Personal Loan, Gold Loan, Vehicle Loan, Education Loan, and Business Loan with appropriate presets.
Is this EMI calculator accurate?
Yes, it uses the standard EMI formula used by all major banks in India. However, final EMI may vary slightly based on bank policies.
Is this tool free?
Completely free with no signup or registration required.
Ready to Plan Your Loan?
Use our EMI calculator to make informed borrowing decisions.