EMI Calculator
Calculate your monthly EMI for home, car or personal loans with amortization schedule.
How to Use EMI Calculator
- 1
Enter the loan amount (principal) in the first field.
- 2
Enter the annual interest rate offered by your bank.
- 3
Enter the loan tenure in years or months.
- 4
Your monthly EMI is calculated instantly.
- 5
View the total interest, total payment, and the month-by-month amortization table.
About EMI Calculator
Our free EMI calculator helps you plan loan repayments accurately before you commit. Enter the principal amount, annual interest rate, and tenure — instantly get your monthly EMI, total interest payable, and a complete month-by-month amortization schedule.
Key Features
- Instant EMI Calculation: Uses the standard banking formula EMI = [P × R × (1+R)^N] / [(1+R)^N - 1].
- Amortization Schedule: Full month-by-month breakdown of principal vs. interest per EMI.
- Total Cost Summary: See total interest payable and total amount over the loan life.
- All Loan Types: Works for home loans, car loans, personal loans, and education loans.
Who Is This For?
Anyone evaluating a loan offer in India, homebuyers comparing home loan EMIs across banks, car buyers planning monthly budgets, and borrowers who want to understand the true cost of a loan before signing.
Privacy & Security
Runs 100% in your browser — no signup, no uploads, no data stored.