EMI Calculator
Work out monthly instalments, total interest and a full amortisation breakdown.
About the EMI Calculator
The EMI Calculator computes your equated monthly instalment from a loan amount, annual interest rate and tenure, then shows the total interest paid, total amount payable, and a year-by-year amortisation summary. A visual split shows how much of your money goes to principal versus interest over the life of the loan, and you can switch currency for PKR, USD, GBP, AED or SAR.
Frequently asked questions
EMI uses the reducing-balance formula: P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of months. This calculator runs that formula and also breaks down how much interest you pay each year.
Yes, a longer tenure lowers the monthly instalment, but you pay considerably more total interest over the life of the loan. The principal-versus-interest split on this page shows that trade-off clearly.