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EMI
Calculator

Calculate your Equated Monthly Instalment with full amortization table, interest breakdown chart, and total cost analysis.

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Monthly EMI
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Total Interest
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Total Amount
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Tenure

Complete Loan Analysis

Everything you need to understand your loan before you sign

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Visual Breakdown

Donut chart shows principal vs. interest at a glance so you understand your true cost.

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Amortization Table

Month-by-month breakdown of every payment — principal, interest, and remaining balance.

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Slider Controls

Drag sliders to explore different amounts and rates — see how EMI changes in real time.

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5 Loan Types

Home, car, personal, business, and education loan presets for quick calculation.

How It Works

Understand your loan in 60 seconds

1

Enter Loan Details

Amount, interest rate, and tenure using inputs or sliders.

2

Calculate

Hit Calculate to get monthly EMI, total interest, and total payable.

3

Review Chart

See the principal vs. interest breakdown visually.

4

Check Schedule

Expand the full month-by-month amortization table.

Frequently Asked Questions

What is EMI?
EMI (Equated Monthly Instalment) is the fixed monthly payment you make to repay your loan. It includes both a principal component and an interest component. Early payments are more interest-heavy; later payments are more principal-heavy.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ [(1+r)^n − 1], where P = principal, r = monthly interest rate (annual rate ÷ 12 ÷ 100), n = number of monthly instalments.
What does the amortization table show?
The amortization schedule shows every monthly payment broken into: interest paid that month, principal paid, and the remaining loan balance. This lets you track exactly how your debt reduces over time.
How can I reduce my total interest paid?
The three main ways: (1) Increase EMI amount — pays off principal faster; (2) Shorten the tenure; (3) Refinance to a lower interest rate. Use our sliders to experiment with different scenarios.