Loan EMI Calculator
Calculate your monthly loan EMI instantly using CalHub’s accurate and free online tool.
Monthly EMI
$0.00
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What is a Loan EMI?
A Loan EMI (Equated Monthly Installment) is the fixed monthly payment made by a borrower to repay a loan. It includes both principal repayment and interest. EMIs make loan repayment predictable and manageable.
How to Use CalHub Loan EMI Calculator?
- Enter the total loan amount.
- Enter the annual interest rate.
- Enter loan tenure in months.
- Click on “Calculate EMI”.
Why Use CalHub?
- 100% Free: No signup required.
- Accurate: Industry-standard EMI formula.
- Fast: Instant calculation.
- Secure: No data storage.
- All-in-One: 200+ calculators in one place.
Frequently Asked Questions
Yes, CalHub uses the standard EMI formula used by banks and financial institutions.
Yes, it works perfectly for home loans, car loans, education loans, and personal loans.
No, EMI remains fixed unless you opt for a floating interest rate loan.
Yes, all calculators on CalHub are completely free.
No. All calculations happen locally in your browser.