EMI Calculator — Monthly Loan Payments
Enter loan amount, interest rate, and term to see your monthly EMI, total interest payable, and a clear year-by-year repayment schedule instantly online.
Free, no signup needed. Runs 100% in your browser.
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How to use this tool
- Enter the loan amount, rate, and term.
- See monthly EMI and total interest.
- Review the schedule and copy the summary.
Frequently asked questions
How is EMI calculated?
With EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly rate, and n is months. Everything runs in your browser.
Does this include fees or taxes?
No. It covers principal and interest only. Add processing fees, insurance, or tax separately when comparing offers.
Is it free?
Yes, free with no signup.
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