Loan & EMI Calculator - Monthly Payment Calculator Online
Calculate monthly EMI, total interest, and total payment for any loan. Supports multiple currencies with full amortization schedule.
⚙️ Developer ToolsFree Forever100% PrivateNo Upload NeededInstant Results
Monthly EMI
₹10,258.27
Total Interest
₹1,15,496
23% of principal
Total Payment
₹6,15,496
over 60 months
Principal vs Interest
Principal 81.2%Interest 18.8%
Repayment Schedule (first 24 of 60 months)
| Mo | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹10,258 | ₹6,717 | ₹3,542 | ₹4,93,283 |
| 2 | ₹10,258 | ₹6,764 | ₹3,494 | ₹4,86,519 |
| 3 | ₹10,258 | ₹6,812 | ₹3,446 | ₹4,79,707 |
| 4 | ₹10,258 | ₹6,860 | ₹3,398 | ₹4,72,847 |
| 5 | ₹10,258 | ₹6,909 | ₹3,349 | ₹4,65,938 |
| 6 | ₹10,258 | ₹6,958 | ₹3,300 | ₹4,58,980 |
| 7 | ₹10,258 | ₹7,007 | ₹3,251 | ₹4,51,973 |
| 8 | ₹10,258 | ₹7,057 | ₹3,201 | ₹4,44,916 |
| 9 | ₹10,258 | ₹7,107 | ₹3,151 | ₹4,37,809 |
| 10 | ₹10,258 | ₹7,157 | ₹3,101 | ₹4,30,652 |
| 11 | ₹10,258 | ₹7,208 | ₹3,050 | ₹4,23,444 |
| 12 | ₹10,258 | ₹7,259 | ₹2,999 | ₹4,16,185 |
| 13 | ₹10,258 | ₹7,310 | ₹2,948 | ₹4,08,875 |
| 14 | ₹10,258 | ₹7,362 | ₹2,896 | ₹4,01,513 |
| 15 | ₹10,258 | ₹7,414 | ₹2,844 | ₹3,94,099 |
| 16 | ₹10,258 | ₹7,467 | ₹2,792 | ₹3,86,632 |
| 17 | ₹10,258 | ₹7,520 | ₹2,739 | ₹3,79,113 |
| 18 | ₹10,258 | ₹7,573 | ₹2,685 | ₹3,71,540 |
| 19 | ₹10,258 | ₹7,627 | ₹2,632 | ₹3,63,913 |
| 20 | ₹10,258 | ₹7,681 | ₹2,578 | ₹3,56,233 |
| 21 | ₹10,258 | ₹7,735 | ₹2,523 | ₹3,48,498 |
| 22 | ₹10,258 | ₹7,790 | ₹2,469 | ₹3,40,708 |
| 23 | ₹10,258 | ₹7,845 | ₹2,413 | ₹3,32,863 |
| 24 | ₹10,258 | ₹7,900 | ₹2,358 | ₹3,24,962 |
iAbout Loan Calculator
Calculate your monthly EMI (Equated Monthly Installment) for home loans, car loans, personal loans, or any other loan. Enter the loan amount, annual interest rate, and tenure to instantly see monthly EMI, total interest paid, total payment, and a full amortization schedule showing each month's principal and interest breakdown.
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?Frequently Asked Questions
What is EMI?
EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan over its tenure. It includes both principal and interest portions.
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P = principal, r = monthly interest rate, n = number of months.
Can I change the currency?
Yes! Select from ₹, $, €, £, or ¥ currency symbols.