Loan Calculator

Calculate monthly EMI, total interest, and total payment for any loan. Supports multiple currencies with full amortization schedule.

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)

MoEMIPrincipalInterestBalance
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
About 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.
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