Home›calc Tools›Loan Calculator
🏦

Loan EMI Calculator — Free Online

Calculate Monthly EMI, Total Interest & Repayment Schedule

Calculate EMI (Equated Monthly Installment) for any loan. Enter loan amount, interest rate, and tenure to see monthly payments, total interest, and complete amortization schedule.

⚡
Instant
Seconds to process
🔒
Secure
Files never stored
🆓
100% Free
No account needed
AdvertisementAdvertisement placeholder

How to Use Loan Calculator

1

Enter loan amount

2

Enter annual interest rate

3

Enter loan tenure in months or years

4

See EMI, total interest, and payment schedule

Frequently Asked Questions

EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan, including both principal and interest components.
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P = principal, r = monthly interest rate, n = number of months.
Yes! We show the complete amortization table with principal and interest breakdown for every month.
Yes. The calculator works for any loan type — just enter the amount, rate, and tenure.

Learn More

tutorial
How EMI Is Actually Calculated (The Formula, With Real Numbers)
5 min read

You May Also Like

🎂

Age Calculator

Calculate exact age in years, months, and days

Use Tool→
⚖️

BMI Calculator

Calculate Body Mass Index and health category

Use Tool→
%

Percentage Calculator

Calculate percentages, increase, decrease, and ratios

Use Tool→
💱

Currency Converter

Convert between 150+ world currencies with live rates

Use Tool→