EMI / Loan Calculator
Calculate monthly loan payments (EMI), total interest and total payable for any loan.
🔄 Updated October 13, 2026
About the EMI / Loan Calculator
Make smarter money decisions with the EMI / Loan Calculator. Calculate monthly loan payments (EMI), total interest and total payable for any loan. Results appear instantly as you type — free, private and without signup. Long-term planners also use the Compound Interest Calculator and SIP Calculator.
How to use this calculator
- Enter your numbers in the fields above.
- Results update instantly — no button to press, no page reload.
- Adjust the inputs to compare scenarios with the EMI / Loan Calculator.
Keep exploring: Mortgage Calculator · Compound Interest Calculator · Simple Interest Calculator · Discount Calculator
Frequently asked questions
What is EMI?
EMI is the fixed monthly payment you make toward a loan, covering both principal and interest.
How is EMI calculated?
Using the reducing-balance formula on principal, monthly interest rate and loan tenure.
Does a longer tenure reduce EMI?
Yes, but you pay much more total interest over the life of the loan.