Loan EMI Calculator
Monthly payment, total interest and schedule.
🔒 Processed on your device — nothing is uploaded.
Repayment schedule (yearly)
About the Loan EMI Calculator
Before taking a car, home or personal loan it helps to know exactly what you will pay each month and in total. Enter the loan amount, yearly interest rate and tenure to see the monthly instalment (EMI), total interest and a year-by-year repayment schedule.
When to use it
- Comparing loan offers from different banks
- Choosing a tenure that fits your monthly budget
- Seeing how much interest a longer loan really costs
- Planning car or bike financing
Tips for the best results
- A shorter tenure means a higher EMI but much less total interest
- Compare offers using the same tenure to see which rate is truly cheaper
- Ask your bank about processing fees and insurance, which aren’t included here
How to use the Loan EMI Calculator
- Enter your numbers in the Loan EMI Calculator.
- Results update as you type.
- Change any value to compare scenarios.
Loan EMI Calculator FAQ
What is EMI?
EMI (equated monthly instalment) is the fixed amount you pay each month on a loan. It covers part of the loan amount plus interest.
How do I calculate my car or home loan instalment?
Enter the loan amount, the yearly interest rate and the tenure. The calculator shows the monthly EMI, total interest and a year-by-year schedule.
Is a shorter or longer tenure better?
A shorter tenure means a higher monthly EMI but much less interest in total. A longer tenure lowers the EMI but costs more overall.
Does the EMI include bank fees?
No. Processing fees, insurance and other charges are not included, so ask your bank for the full cost before signing.
Is the Loan EMI Calculator free?
Yes. The Loan EMI Calculator is completely free with no sign-up, no daily limit and no watermark.
Is it safe to use the Loan EMI Calculator with private files?
Yes. The Loan EMI Calculator runs entirely inside your web browser, so your files and text are never uploaded to any server.
Does the Loan EMI Calculator work on mobile?
Yes. It works in Chrome, Safari, Edge and Firefox on Android, iPhone, Windows and Mac.