EMI Calculator
Enter values to calculate emi with a clear result.
Calculate
Enter values and select Calculate.
For information only, not professional advice.
How it works
Monthly payment = principal × monthly rate ÷ (1 − (1 + monthly rate) raised to minus months). Principal is price minus down payment; monthly rate is annual percentage rate divided by 1200. At zero interest, divide principal by months.
Worked examples
- Price 1,200, down 200, 0% interest, 10 months: 100 per month
- Price 1,200, down 200, 12% interest, 12 months: 88.85 per month
Frequently asked questions
Is this calculator free?
Yes. You can use it without paying or creating an account.
Does it work on a phone?
Yes. The page adapts to small and large screens.
Can I enter zero?
Where zero is mathematically valid, the calculator accepts it.
What happens if I enter an invalid value?
You will see a clear message explaining what to correct.
Does the calculation run in my browser?
Yes. The calculator runs with JavaScript on your device.
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Last updated: October 17, 2026