Free EMI Calculator for Personal, Home & Car Loans

Instantly calculate your monthly loan payments using our EMI calculator. Trusted by users to plan smartly and borrow wisely.

EMI Calculator

Enter your loan details to calculate your monthly EMI.

What is an EMI?

An EMI or Equated Monthly Installment is the fixed monthly amount you pay to repay your loan. It includes both principal and interest and continues for the entire loan tenure. Whether you’re borrowing for a home, car, or personal expense, knowing your EMI helps you plan your budget efficiently.

About QuickEMI

QuickEMI is a powerful, fast, and easy-to-use EMI Calculator designed for all loan types. Whether you're applying for a personal loan, home loan, or car loan, this tool helps you calculate your EMI, interest, and total repayment in just seconds. It is completely free and works on all devices.

How to Use Our EMI Calculator

  1. Enter the loan amount you plan to borrow.
  2. Set the annual interest rate (in %).
  3. Specify the loan tenure in months.
  4. Click on "Calculate EMI" to get results instantly.

Benefits of Using QuickEMI

EMI Calculation Formula

Our calculator uses the standard EMI formula:EMI = [P × R × (1 + R)^N] / [(1 + R)^N – 1]Where:

FAQs – EMI Calculator

What loans can I calculate using QuickEMI?

This calculator works for home loans, personal loans, car loans, education loans, and other types of loans.

Does it include taxes or extra charges?

No, the EMI calculation only considers the loan principal, interest rate, and tenure. Other charges are not included.

Is this calculator accurate?

Yes, we use the same EMI formula that banks and financial institutions use.

Looking for specific calculators? Try our dedicated pages:
Home Loan EMI Calculator, Personal Loan EMI Calculator, Car Loan EMI Calculator