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EMI Calculator

Calculate monthly loan EMI, total interest and full payment schedule

100% private. Your files and inputs never leave your device — everything runs locally in your browser.

Features

  • Amortization schedule
  • Interest vs principal
  • Yearly breakdown
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How to Use EMI Calculator

Calculate monthly loan EMI, total interest and full payment schedule. No signup, no uploads, no watermarks.

  1. 1

    Enter your numbers in the input fields.

  2. 2

    Choose the calculation options or frequency.

  3. 3

    The result updates instantly as you type.

  4. 4

    Review the breakdown, chart, or schedule, and copy the answer.

Why choose EMI Calculator?

  • No uploads — your files never leave your device.
  • Free forever with no signup, no watermarks, and no limits.
  • Works on any device with a modern browser — no installs.
  • Fast, private, and built for getting the job done in seconds.
Try EMI for free

Frequently Asked Questions

What is EMI?

EMI (Equated Monthly Installment) is the fixed monthly amount you repay a lender, made up of principal and interest portions. It is identical every month over the loan tenure.

How is EMI calculated?

Using the formula EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ − 1). P is the principal, r is the monthly interest rate (annual rate ÷ 12), and n is the number of monthly installments.