Loan planning
EMI Calculator
Estimate monthly EMI, total interest, payment split and the first-year amortization schedule.
Your loan summary will appear here
Enter loan amount, rate and tenure to see EMI, interest split and amortization preview.
Tutorial
EMI Calculator Tutorial
This tool estimates the monthly EMI for a loan and shows total interest, total payment, payoff timeline and an amortization preview.
How to use
- Enter the loan amount.
- Enter the annual interest rate and loan tenure in years.
- Optionally enter a monthly prepayment amount.
- Click Calculate EMI and review the payment summary.
Example
For a loan of Rs. 500000 at 8.5% for 5 years, the tool estimates the monthly EMI and total interest.
Tips
- Use the quick presets for personal, home or car loan examples.
- Adding prepayment helps estimate how extra monthly payments may reduce the payoff period.
Benefits
Helps compare loan affordability before applying.
Shows how much interest you may pay over the loan period.
Makes prepayment planning easier by showing possible timeline changes.
Frequently asked questions
This tool estimates the monthly EMI for a loan and shows total interest, total payment, payoff timeline and an amortization preview.
Yes. You can use this tool directly in the browser without creating an account.
Calculation history is not saved unless the site owner enables recent-calculation storage.