Free · no account · browser only
Loan & EMI Calculator
Estimate monthly EMI, total interest, and a full amortization schedule. Numbers update as you type.
Runs in your browser · loan numbers never leave this device
Loan details
Display currency · local math
Remembers on this device · display only · not FX
Results
Updates live
/loan-calculator
How it works
Four steps that match this page. Everything runs in your browser.
- 1
Enter loan details
Type amount, pick a display currency, and set the annual rate and term in years. Optional chips fill common rates and terms.
- 2
Read Monthly EMI
The sticky Results panel shows your primary EMI, total interest, and total payment as you edit.
- 3
Check the split bar
See how much of what you pay is principal versus interest over the full term.
- 4
Show amortization schedule
Use Show amortization schedule to review Month, Principal, Interest, and Balance for each payment.
Frequently Asked Questions
Job answers for EMI, interest, schedule columns, privacy, currency display, and the estimate limit.
What does Monthly EMI mean?
EMI is the fixed monthly payment that covers both interest and principal for a reducing-balance loan. This tool uses the standard EMI formula with your annual rate divided by 12.
How is total interest calculated?
Total Payment is Monthly EMI times the number of months. Total Interest is Total Payment minus the loan amount (principal).
What do the amortization columns show?
Each row is one month. Principal is how much of that EMI reduces the balance. Interest is the cost of borrowing that month. Balance is what remains after the payment.
Do my loan numbers leave this device?
No. Amount, rate, and term stay in your browser. Nothing is uploaded for calculation. There is no account and no loan application.
Is the currency a live FX rate?
No. The currency you select only changes the symbol on the amount and the results. The math is unit-agnostic. It is not a live exchange rate. Enter figures in that currency before you compare them to a lender quote.
Is this lending advice or a loan offer?
No. This is an illustration and an estimate only. It is not lending advice, not a loan offer, and not a credit decision.