EMI Calculator

Calculate monthly EMI, total interest, and view full amortization schedule. Supports any loan type. Runs in your browser.

Monthly EMI

₹20,517

Principal

₹10,00,000

Total Interest

₹2,30,992

Total Payment

₹12,30,992

Interest share

18.8%

60 months = 5 years

About EMI Calculator

Enter loan principal, annual interest rate, and tenure in months to instantly calculate your monthly EMI. See total interest paid, total payment amount, and the interest-to-principal ratio. Toggle the amortization schedule to view a month-by-month breakdown of principal, interest, and remaining balance.

Features

  • Standard EMI formula: P × r × (1+r)^n / ((1+r)^n − 1)
  • Total interest and total payment breakdown
  • Interest share percentage
  • Full month-by-month amortization table
  • Works for any loan type (home, car, personal)
  • Real-time calculation as you type
  • 100% client-side — nothing is uploaded

How to use

  1. 1Enter the loan amount (principal).
  2. 2Set the annual interest rate.
  3. 3Enter the loan tenure in months.
  4. 4View EMI, totals, and optionally the amortization schedule.

Frequently Asked Questions

What is EMI?
EMI (Equated Monthly Installment) is the fixed amount you pay every month to repay a loan. It includes both principal repayment and interest.
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.
What is an amortization schedule?
An amortization schedule shows the month-by-month split of each EMI into principal and interest portions, along with the remaining loan balance.
Is my data sent to a server?
No. All calculations run entirely in your browser. Nothing is uploaded or stored.

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