Loan / EMI Calculator
Enter the loan amount, interest rate and term to see your monthly payment (EMI), the total interest, and the total you’ll repay.
About this EMI calculator
Before taking a loan, it helps to know exactly what the monthly repayments will be and how much interest you’ll pay overall. This calculator works for car loans, home loans, personal loans and more — enter the amount, the annual interest rate and the term, and it shows your monthly EMI, the total interest, and the total amount repaid.
How to use it
- Pick your currency and enter the loan amount.
- Enter the annual interest rate.
- Enter the term in years or months.
- See your monthly payment and total cost instantly.
Frequently asked questions
What is EMI?
EMI stands for Equated Monthly Installment — the fixed amount you pay each month until a loan is fully repaid, covering both principal and interest.
How is the monthly payment calculated?
It uses the standard amortization formula based on the loan amount, the monthly interest rate, and the number of monthly payments.
Does it work for car, home or personal loans?
Yes. The math is the same for any fixed-rate loan — just enter your amount, rate and term.
Is my data private?
Yes, the calculation runs entirely in your browser.
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