Personal Loan EMI Calculator
Calculate your monthly Personal Loan EMI instantly using CalHub’s free calculator.
Monthly EMI
$0.00
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What is a Personal Loan EMI?
A Personal Loan EMI is the fixed monthly payment you make to repay your personal loan. It includes both the principal amount and interest.
How to Use Personal Loan EMI Calculator?
- Enter personal loan amount.
- Enter annual interest rate.
- Enter loan tenure in months.
- Click on Calculate EMI.
Why Use CalHub?
- Instant & Accurate Results
- No Signup Required
- 100% Free
- Secure & Private
- 200+ Calculators Available
Frequently Asked Questions
Personal Loan EMI is the fixed monthly amount paid to repay a personal loan.
It includes both the principal amount and the interest charged by the lender.
Personal Loan EMI is calculated using the standard formula:
EMI = [P × R × (1+R)N] / [(1+R)N − 1]
Where P is loan amount, R is monthly interest rate, and N is loan tenure in months.
EMI = [P × R × (1+R)N] / [(1+R)N − 1]
Where P is loan amount, R is monthly interest rate, and N is loan tenure in months.
Yes. CalHub’s Personal Loan EMI Calculator is completely free
and can be used unlimited times without any registration.
Yes. This calculator works for all types of personal loans,
including bank loans, NBFC loans, and instant online personal loans.
No. All EMI calculations happen locally in your browser.
CalHub does not store or track any personal or financial information.