EMI Calculator

$
$1.0K$300.0K$2.00M
%
0.1%7.5% p.a.36%
1 yr20 years (240 months)30 yrs
%

Monthly EMI

$2,416.78

for 240 months

Principal

$300.0K

51.7% of total

Total Interest

$280.0K

48.3% of total

Total Payable

$580.0K

Principal + Interest

Effective Rate

7.5% p.a.

Monthly: 0.625%

PrincipalInterest

EMI / Month

$2,416.78

Total Interest

$280,027.10

Total Amount

$580,027.10

Principal

$300,000.00

Interest %

48.28%

Tenure

240 months (20.0 yrs)

Yearly Payment Breakdown

PrincipalInterest

Year 1

Principal paid$6,729.56
Interest paid$22,271.79
Balance end$293,270.44

Year 20

Principal paid$27,856.75
Interest paid$1,144.61
Balance end$0.00

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Calculate your monthly EMI, total repayment amount, and total interest paid before committing to any loan. Enter the loan amount, annual interest rate, and tenure in months or years for an instant result. A complete year-by-year amortization schedule shows how each payment splits between principal and interest at every stage of the loan. The prepayment calculator adds an extra monthly payment and immediately shows how many months are saved and how much total interest is avoided. Five presets for home, car, personal, education, and business loans provide realistic starting values. A rate-scenario comparison table shows the impact of different interest rates side by side. Supports 130+ currencies. All calculations run in your browser - no account needed.

How to Use

  1. 1Enter the loan amount (principal)
  2. 2Enter the annual interest rate
  3. 3Enter the loan tenure in months or years
  4. 4The monthly EMI, total interest payable, and total amount payable are shown instantly
  5. 5Review the pie chart showing the principal vs. interest split
  6. 6Click View Amortization Schedule to see the month-by-month payment breakdown

Features

  • Monthly EMI calculation using the standard reducing balance formula
  • Total interest payable and total repayment amount
  • Principal vs. interest pie chart
  • Full month-by-month amortization schedule
  • 130+ currencies supported
  • 100% browser-based

Frequently Asked Questions

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