EMI Calculator – Calculate Loan EMI Instantly

Use our free EMI calculator to estimate monthly repayments for personal loans, home loans, car loans, business loans, and education loans. Get accurate EMI results, total interest, and a full amortization schedule.

Loan EMI Calculator

INR 10,000 INR 100 Crore
1% 36%
1 month 360 months (30 years)

Your EMI Details

Monthly EMI
Total Interest
Total Payment

Amortization Schedule (First 12 Months)

Month Opening Balance Interest Principal Closing Balance

Showing first 12 months. Total tenure: months.

Check Loan Eligibility

What is an EMI calculator?

An EMI calculator estimates the fixed monthly installment payable on a loan using the loan amount, annual interest rate, and repayment tenure. It is useful for personal loans, home loans, car loans, education loans, and business loans.

  • Enter the amount you want to borrow.
  • Add the expected annual interest rate.
  • Choose the tenure in months or years.
  • Review monthly EMI, total interest, total payment, and the repayment schedule.
Note: A lower EMI is not always cheaper. Longer tenure can reduce monthly pressure but increase total interest.

Frequently Asked Questions

An EMI calculator estimates the monthly installment payable on a loan using loan amount, interest rate, and tenure.

EMI is calculated with the reducing balance formula using principal, monthly interest rate, and tenure in months.

Yes. The same EMI formula can estimate personal loan, home loan, car loan, business loan, and education loan repayments.