Personal Loan EMI Calculator

Fixed-rate, level end-of-month amortization. Excludes insurance, taxes and fees. Months must be a positive integer.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Monthly paymentrate == 0 ? principal/months : principal*(rate/1200)/(1-(1+rate/1200)^(-months))

Total interestrate == 0 ? 0 : principal*(rate/1200)/(1-(1+rate/1200)^(-months))*months-principal