100% Client-Side Processing • Your files never leave your device

EMI Calculator

Calculate loan EMI, total interest payable, and monthly payment schedules with interactive charts.

Loan Details

Loan Amount (₹)

Enter any positive amount

₹5.00 Lakh

Interest Rate (% per annum)

Enter rate (e.g., 8.5 for 8.5%)

Tenure

Range: 1-30 Years

EMI Tips & Information

Lower Interest Rate

Compare rates from multiple lenders to get the best deal

Higher Down Payment

Reduce loan amount with larger down payment

Shorter Tenure

Pay less total interest with shorter loan tenure

Prepayment

Make extra payments to reduce total interest

EMI Calculator — Calculate Monthly Loan Payments & Total Interest

The EMI Calculator calculates your exact Equated Monthly Instalment (EMI) for home loans, car loans, personal loans, and education loans. Adjust principal amounts, interest rates, and loan tenure with live interactive sliders and inspect your visual interest-to-principal breakdown and amortisation schedule.

Loan Categories Supported

Home Loan EMI

Calculates long-term mortgage repayments across 10 to 30 years with reducing balance interest.

Car & Vehicle Loan EMI

Plans auto financing across 3 to 7 years with interest breakdown against down payment amounts.

Personal Loan EMI

Computes short-term unsecured loan EMIs (1 to 5 years) to evaluate monthly budget affordability.

Education & Student Loan EMI

Estimates post-graduation repayment schedules with moratorium period considerations.

Frequently Asked Questions

What formula is used to calculate EMI?

EMI = [P x R x (1+R)^N] / [(1+R)^N - 1], where P is Principal amount, R is monthly interest rate (Annual rate / 12 / 100), and N is number of monthly instalments.

How can I reduce my monthly EMI payments?

You can reduce EMI by extending the loan tenure (though total interest increases), making a larger upfront down payment, or negotiating a lower interest rate with your lender.