EMI calculator
Calculate your monthly EMI, total interest and repayment schedule for any loan. Free online EMI calculator.
In your browser
Monthly payment
Total interest
Total repaid
% principal, % interest
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
Also with the loan & emi calculator
About this tool
An EMI (equated monthly instalment) is the fixed amount you pay each month on a loan. Enter the amount, interest rate and tenure to see your EMI and how much interest you’ll pay in total.
How to use it
- 1 Enter the loan amount.
- 2 Enter the yearly interest rate and the term.
- 3 Read the monthly payment and open the schedule.
Questions
What is EMI?
Equated monthly installment: the fixed amount you pay each month, covering interest and part of the principal.
Is my data uploaded?
No. This tool runs in your browser, so your text and files never reach our server.
Is this tool free?
Yes. It’s free to use with no sign-up and no limits for normal use.
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