Free EMI Calculator

EMI Calculator

Monthly installment for loan or hire-purchase

✓ Free ✓ No Sign Up

Loan amount (NPR)

Annual interest rate (%)

Tenure

Tenure (years)

Monthly EMI

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Total interest

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Total payment

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Principal Interest

Formula: EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where r = monthly rate, n = months. Bank fees and changing rates are not included. Estimate only.