Loan / EMI Calculator

Monthly EMI for a personal, car or home loan, with total interest and an amortisation schedule.

Free to use Ā· No account required

Enable JavaScript to use the interactive Loan / EMI Calculator. The input fields and calculations run in your browser.

How it works

EMI = PĀ·r(1+r)ⁿ / ((1+r)ⁿ āˆ’ 1), r = annual rate Ć· 12, n = months. At 0% interest, EMI = P Ć· n. Never use flat-rate interest — it understates the true cost.

Related tools