Loan EMI Calculator
Calculate your monthly EMI, total interest, and payment schedule
Frequently Asked Questions
What is EMI?
EMI (Equated Monthly Installment) is the fixed monthly payment made by a borrower to repay a loan.
How is EMI calculated?
EMI is calculated using the standard mathematical formula based on principal, interest rate, and tenure.
What is an Amortization Schedule?
It’s a table showing how each EMI is split into Principal and Interest over time.
What is a Yearly Summary?
A table that aggregates monthly payments year by year for easier readability.
What inputs are required?
You need Loan Amount, Annual Interest Rate, and Loan Tenure in years.
Can I download the results?
Yes, you can download the result as a PDF or share it directly.