Quickly estimate monthly payments, interest costs, and payoff scenarios with a clean, high-contrast UI designed for fast decisions.
Loan details
Enter your loan amount, interest rate and tenure to preview the monthly EMI and total payment breakdown instantly.
Get your Equated Monthly Instalment in real time as you type. No button press needed — results update instantly as you adjust loan amount, rate, or tenure.
See exactly how much of your total payment goes toward the principal and how much is interest cost. The donut chart makes the split visually clear at a glance.
Home loan, personal loan, car loan, or business loan — this EMI calculator handles them all. Just enter the loan amount, annual interest rate, and tenure in years.
Type in your loan amount, the annual interest rate offered by your bank, and the loan tenure in years.
Optionally enter your down payment. The calculator subtracts this from the principal automatically before computing EMI.
Scroll down to see your monthly EMI, total interest payable, total payment amount, and the principal-to-interest ratio chart.
EMI (Equated Monthly Instalment) is the fixed monthly payment you make to repay a loan. It is calculated using the formula: EMI = P × r × (1+r)^n / ((1+r)^n – 1), where P is the principal, r is the monthly interest rate, and n is the total number of monthly payments.
A down payment reduces the principal you borrow, which directly lowers your EMI and the total interest paid over the loan tenure. Even a small upfront payment can result in significant long-term savings.
Yes. Enter your home loan amount (e.g., ₹50 lakh), the bank's interest rate (e.g., 8.5% per annum), and your preferred tenure (e.g., 20 years). The calculator instantly shows your monthly home loan EMI.
Completely free. No signup, no subscription, no limits. All calculations happen in your browser so your financial data never leaves your device.