Calculate your monthly EMI, total interest, and repayment amount instantly using this easy Loan EMI Calculator.
| Loan Principal | — |
| Annual Interest Rate | — |
| Loan Tenure | — |
| Total No. of EMIs | — |
| Total Interest Payable | — |
| Total Amount Payable | — |
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| Enter loan details to generate schedule | ||||
Select from home, car, personal, or education loan to auto-fill typical interest rates.
Input the principal amount you wish to borrow and select your preferred currency.
Enter the annual interest rate and loan tenure. Use quick chips for common durations.
Instantly see your monthly EMI, total interest, and download the full amortization schedule.
Results update in real-time as you type. No need to click a calculate button — your EMI, total interest, and total payment are computed instantly.
See a month-by-month breakdown of every payment — how much goes toward principal, how much toward interest, and your outstanding balance.
Works with USD, INR, GBP, EUR, JPY, CAD, AUD, AED, SGD, CHF and more. Ideal for borrowers worldwide.
A clear principal-vs-interest progress bar shows exactly how much of your total payment is interest — so you can compare loan offers at a glance.
Download your full EMI schedule as a CSV spreadsheet or print a clean PDF report — perfect for sharing with your bank or financial advisor.
All calculations happen locally in your browser. No data is sent to any server, no sign-up required, and always completely free to use.
An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are used to pay off both interest and principal every month so that over a specified number of years, the loan is fully paid off.
The EMI amount depends on three factors: the principal loan amount, the rate of interest, and the loan tenure. Higher principal or interest rates increase the EMI, while a longer tenure reduces the monthly payment but increases total interest paid.
Run multiple scenarios side-by-side — different rates, tenures, and amounts — to find the loan structure that truly minimizes your cost of borrowing.
Smart PlanningKnowing your exact monthly EMI lets you plan your budget accurately and ensure the loan repayment fits comfortably within your income.
Budget ReadySee the full picture — not just the monthly payment, but total interest paid over the life of the loan — so there are no surprises.
Full TransparencyFind the sweet spot between a manageable monthly payment and minimizing total interest — shorter tenure saves money, longer tenure eases cash flow.
Tenure OptimizerUse the amortization schedule to identify the best months to make prepayments and understand exactly how much interest you save by doing so.
Save on InterestWalk into any bank or NBFC armed with precise numbers. Show them you understand your loan structure and negotiate from a position of knowledge.
Borrower EmpowermentEstimate your monthly mortgage EMI with down payment planning and 30-year amortization schedule.
Quickly compute your monthly car loan repayment and total interest payable over your chosen tenure.
Compute monthly EMI for personal loans with tenures up to 7 years across 50+ currencies.
Plan your education loan repayments with flexible tenure and interest rate options.
Calculate compound interest growth on savings or investments to compare with loan costs.
Calculate simple interest on loans and savings to understand basic interest calculations.
Free, instant, and accurate no account required. Run your first calculation in under 10 seconds.
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