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📊 Loan / EMI Calculator

Calculate your exact monthly EMI for any loan. Enter amount, interest rate, and tenure to get instant results with full breakdown.

  • Works for home loan, personal loan, car loan, education loan
  • See exact EMI, total interest, and total payment
  • Month-by-month amortization table
  • Compare different loan scenarios
  • 100% offline and private
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📊 Loan / EMI Calculator

How to Use

  1. 1 Enter loan amount.
  2. 2 Enter annual interest rate.
  3. 3 Select loan tenure in months or years.
  4. 4 Click "Calculate" to see EMI and breakdown.

Frequently Asked Questions

What is EMI?

EMI stands for Equated Monthly Instalment. It is the fixed amount you pay to the bank every month until the loan is fully repaid.

How is EMI calculated?

EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly interest rate, and n is total number of months.

Can I use this for any type of loan?

Yes. This calculator works for home loans, personal loans, car loans, education loans, and any loan with fixed interest rate.

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