Determine Your Loan's Effective Interest Rate

The Interest Rate Calculator by UsedToTools helps you calculate the effective annual interest rate of any loan based on EMI, loan amount, and tenure. Compare multiple loans to find the most suitable lender for your financial needs.

• Calculate the effective interest rate from EMI, loan amount, and tenure
• See total interest payable and total payment
• Compare loans to choose the best lender
• Fast, mobile-friendly, and easy to use
• No registration required

Enter your loan details above to instantly calculate your effective interest rate and total interest payable.