Enter Loan Amount
Use the principal borrowed before interest and fees.
Calculate your Equated Monthly Installment (EMI) and understand the complete repayment schedule.
Enter your loan details to see monthly EMI, total interest, and the repayment schedule.
Estimate the fixed monthly payment and annual amortization of a reducing-balance loan.
Use the principal borrowed before interest and fees.
Provide the lender's annual percentage rate used for EMI calculations.
Enter both years and additional months, then select the loan type.
Compare principal and interest and follow the remaining balance year by year.
The EMI formula converts the annual rate to a monthly rate and spreads principal plus interest across the selected term.
Lender fees, insurance, floating rates, prepayments, and rounding may change the actual schedule. EMI Calculator results are estimates for informational and educational purposes.