The EMI Calculator by Pixedra helps you calculate your Equated Monthly Installment (EMI) for home loans, car loans, and personal loans in India. By entering the loan amount, interest rate, and tenure, you can instantly know your monthly EMI, total interest payable, and total repayment amount.

This EMI calculator uses the standard reducing-balance formula followed by Indian banks and NBFCs. It provides accurate results based on current lending practices in India and helps you plan your loan affordability in advance.

How this EMI Calculator works

• Loan Amount: Total amount borrowed
• Interest Rate: Annual interest charged by the lender
• Loan Tenure: Repayment period in years

The calculator instantly shows:

• Monthly EMI
• Total interest payable
• Total amount payable

Why use the Pixedra EMI Calculator?

• Plan your monthly budget better
• Compare different loan options easily
• Understand interest cost clearly
• Free, fast, and no login required

Whether you are planning to buy a house, purchase a car, or apply for a personal loan, knowing your EMI helps you make smarter financial decisions. You can also adjust the interest rate and tenure to see how they affect your EMI and total interest outgo.