Loan / EMI Calculator
How it works: Enter your loan amount, annual interest rate, and duration to calculate your monthly EMI. The calculator uses the standard EMI formula: rate, and n is number of months.
Overview
Calculate your loan payments accurately with our EMI (Equated Monthly Installment) Calculator. Enter your loan principal amount, annual interest rate, and loan tenure to instantly see your monthly payment, total interest paid, and total amount payable. Perfect for planning home loans, car loans, personal loans, or any installment-based borrowing. Toggle between months and years for tenure input, and the calculator handles 0% interest loans too. Understand the true cost of borrowing before committing to a loan, helping you make informed financial decisions. The tool uses the standard EMI formula trusted by banks and financial institutions worldwide. All calculations happen instantly in your browser with complete privacy—no data is stored or shared.
About
About Loan / EMI Calculator
Calculate your loan payments accurately. Enter loan principal, annual interest rate, and tenure to see monthly payment (EMI), total interest, and total amount payable. Perfect for planning home loans, car loans, or personal loans.
Features:
- Calculate monthly EMI instantly
- See total interest and total payment
- Switch between months and years
- Supports 0% interest loans
- Accurate EMI formula
- 100% private - no data stored
FAQ
What formula do you use?
EMI = P·r·(1+r)^n ÷ ((1+r)^n − 1), where r is monthly rate and n is months.
What if interest is 0%?
EMI becomes principal ÷ number of months.
Do you show amortization?
Not in v1. We show EMI and totals for speed and simplicity.