EMI Calculator

Intro

Use the FinTrackOnline EMI Calculator to find your exact monthly loan repayment (EMI) within seconds. Whether you’re planning a home loan, car loan, or personal loan, our calculator helps you estimate payments based on loan amount, interest rate, and tenure — with real-time results for Indian users.

How to Use the EMI Calculator

Simply enter your loan amount, interest rate, and loan tenure.
The EMI calculator will show:

• Monthly EMI amount
• Total interest payable
• Total repayment amount

💡 Pro tip: Use this data before applying for any loan to plan your monthly finances better.

EMI Calculation Formula

The EMI (Equated Monthly Instalment) formula is:
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
where:

• P = Principal loan amount
• R = Monthly interest rate (annual rate / 12 / 100)
• N = Number of months

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Types of Loans You Can Calculate

• 🏠 Home Loan EMI Calculator
• 🚗 Car Loan EMI Calculator
• 💳 Personal Loan EMI Calculator
• 🎓 Education Loan EMI Calculator

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Why Use FinTrackOnline’s EMI Calculator?

• Fast, accurate, and free for all users in India.
• Works on mobile and desktop instantly.
• Shows complete EMI + interest breakdown.
• No login or personal data required.

Frequently Asked Questions

Q1. What is an EMI?
An EMI (Equated Monthly Instalment) is a fixed amount paid monthly towards repayment of a loan.

Q2. Can I calculate EMI for any loan type?
Yes, you can calculate home, car, personal, or business loan EMIs easily using this tool.

Q3. Does this calculator work for Indian loans only?
Yes, this EMI calculator is built specifically for Indian banks and lending rates.