EMI Calculator for Home Loan, Car Loan & Personal Loan

Feel free to use our Equipment Finance Calculator



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Period Payment Interest Balance

Calculator Disclaimer

The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.

Steps to follow:

Enter your loan amount,

Select your loan terms and repayment frequency.

Monthly is selected as default. Select your payment mode (advance or arrears).

Select the interest rate. Select your balloon amount.

Then, you will get the monthly payment, total interest payable, and a chart showing the difference.

If you need any further help, please contact us

Best Used For Bank loans loan | Real estate loan | Auto and car loan | Finance related loan

How Does an EMI Calculator Work?
Our EMI Calculator is simple to use, easy to understand, and quick to use, with colourful charts and instant results. Using this calculator, you can calculate the EMI for a home loan, a car loan, a personal loan, an education loan, or any other fully amortising loan.

In the EMI Calculator, enter the following information:

The principal loan amount that you wish to obtain (rupees)
Loan duration (months or years)
Interest rate (percentage)
EMI arrears OR EMI advance? (for car loan only)