EMI Calculator
Estimate a reducing-balance loan installment in PKR and review the principal and interest split for every month. Calculations stay in your browser; actual lender fees, rates, and financing terms may differ.
Features
- Enter a loan amount in Pakistani rupees
- Set an annual interest or markup rate
- Choose a tenure in years or months
- Calculate monthly EMI, total repayment, and total interest
- Review monthly principal, interest, and remaining balance
- All financial inputs are processed locally in your browser
Frequently asked questions
How is the monthly EMI calculated?
For a positive monthly rate, EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the loan principal, r is the annual rate divided by 12, and n is the number of monthly installments. At zero interest, the installment is principal divided by the number of months.
What does the amortization schedule show?
Each row shows the installment, the amount applied to principal, the month's interest, and the remaining balance. Figures are rounded to the nearest paisa, and the final installment is adjusted for rounding so the balance reaches zero.
Are these results a lender quote?
No. These figures are estimates based on the amount, annual rate, and tenure entered. Actual lender fees, rates, payment dates, taxes, insurance, and financing terms may differ; confirm the complete schedule with your lender.
Are my financial inputs sent or saved?
No. The calculation runs in this browser and does not send or store the financial inputs.