Loan / EMI Calculator
Monthly payment, total interest & full amortisation.
Runs 100% in your browser — nothing is uploaded
Work out the monthly payment (EMI) on any loan or mortgage, plus the total interest you'll pay and a full amortisation schedule. Adjust the amount, interest rate, and term and see the numbers update instantly — free, private, and right in your browser.
Frequently asked questions
What is an EMI?
EMI stands for Equated Monthly Instalment — the fixed amount you pay each month, combining principal and interest, so the loan is fully repaid by the end of the term.
How is the monthly payment calculated?
It uses the standard amortised-loan formula based on the principal, the monthly interest rate, and the number of payments. The result is the level payment that clears the loan over the term.
Does it show total interest?
Yes — you'll see the monthly payment, the total interest over the life of the loan, the total amount repaid, and a month-by-month amortisation schedule.
Is this financial advice?
No. It's a calculator to help you understand the numbers. Lenders may apply fees or different compounding, so treat results as estimates and confirm exact figures with your lender.
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