Finance Tool
Loan & EMI Calculator
Calculate your monthly installment, total interest, and full repayment schedule — instantly.
Loan Breakdown
Monthly EMI
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Total Interest
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Total Payable
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■ Principal
■ Interest
Amortisation Schedule
First 24 months shown.
| # | EMI | Principal | Interest | Balance |
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Frequently Asked Questions
EMI (Equated Monthly Installment) is a fixed monthly payment made to a lender on a specific date each month. It includes both principal repayment and interest, calculated so the loan is fully paid off by the end of the tenure.
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P = principal, r = monthly interest rate (annual rate ÷ 12 ÷ 100), n = number of monthly installments.
Home loan rates in Pakistan vary. Islamic banks like Meezan Bank offer Diminishing Musharakah home finance. Conventional banks offer standard mortgages. Compare current rates using our calculator.