Plan your loan repayments better with this Personal Loan Calculator that estimates monthly EMI, interest cost, and total loan amount.
| 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 | ||||
Input the principal amount you wish to borrow and select your preferred currency.
Enter your lender's annual interest rate or choose a quick-rate chip for common personal loan rates.
Select your repayment period in years or months using quick tenure chips or enter a custom value.
Instantly see your monthly EMI, total interest payable, and download the full amortization schedule.
Results update in real-time as you type. No button needed — your personal loan 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 remaining 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 repayment is interest — 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 it's always completely free to use.
A Personal Loan EMI (Equated Monthly Installment) is a fixed monthly payment you make to repay your personal loan over a specified period. Unlike secured loans, personal loans are unsecured — meaning no collateral is required — which is why they typically carry higher interest rates.
Your EMI is determined by three factors: the principal loan amount, the annual interest rate, and the loan tenure. A higher loan amount or rate increases the EMI, while a longer tenure lowers the monthly payment but increases total interest paid over time.
Run multiple scenarios with different rates and tenures to find the personal loan structure that truly minimizes your cost of borrowing.
Smart PlanningKnowing your exact monthly EMI lets you plan your budget accurately and ensure the repayment fits comfortably within your monthly 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 at the end.
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 how much interest you save by repaying early.
Save on InterestEvery result is based on the standard reducing-balance EMI formula — the same method used by all banks and financial institutions worldwide.
Transparent FormulaCalculate EMI for home, car, personal, and education loans all in one place.
Estimate your mortgage EMI with detailed amortization for home loans up to 30 years.
Quickly compute your monthly car loan repayment and total interest payable.
Plan your education loan repayments with flexible tenure and interest rate options.
Calculate compound interest growth on savings or investment accounts.
Calculate simple interest on loans and savings to understand basic interest calculations.
Free, instant, and accurate — no account required. Calculate your monthly payment in under 10 seconds.
⚡ Calculate Personal Loan EMI