EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan over a set period, including both principal and interest.

How is loan interest calculated?

This calculator uses the standard reducing balance method where interest is calculated on the outstanding principal each month.

Can I use this for any currency?

Yes, the calculator works for any currency — just enter your loan amount in your local currency.

Calculate monthly payments, total interest and full amortization for any loan.

Instant All Loan Types Amortization

Loan Parameters

Currency

Annual Interest Rate

0.1%30%

Loan Amount

Any amount10M (slider)

Loan Tenure

5 yr

1 yr30 yr (slider) · type for more

Extra Monthly Payment (optional — saves interest)

+ / month extra

Your results will appear here

Adjust the sliders above — results update instantly.

Enter the Loan Amount, Annual Interest Rate, and Loan Term.
Click Calculate to see your monthly EMI and total repayment amount.
Review the amortization schedule to see the principal vs. interest split each month.
Adjust the inputs to compare different loan scenarios.

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