Interest Rate Calculator
Work backwards from a loan amount, monthly payment and term to find the implied annual interest rate. Useful for comparing offers or checking the true rate on an EMI scheme.
Interest Rate Calculator
FinanceFind the implied annual rate from loan, EMI & term.
Find the interest rate
₹10,00,000
₹
₹21,247
₹
5 years
years
Implied interest rate
10%
- Total paid
- ₹12,74,820
- Total interest
- ₹2,74,820
- Annual interest rate
- 10%
Frequently asked questions
How is the rate calculated?
There's no closed-form solution, so the calculator searches numerically for the rate that produces your exact EMI for the given amount and term.
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