Calculate
Loan EMI Calculator
Enter the loan amount, annual interest rate, and tenure to see your monthly EMI, the total interest you will pay, and the total amount repayable. Calculated locally.
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FAQ
Common questions
It uses the standard reducing-balance formula EMI = P·r·(1+r)^n / ((1+r)^n − 1), where P is principal, r is the monthly interest rate, and n is the number of months.
It is the total payment (EMI × number of months) minus the principal — the cost of borrowing over the full tenure.
Yes. At 0% the EMI is simply the principal divided by the number of months.
No. All calculation happens in your browser.
Private by design
This runs entirely in your browser
No file or text you enter here is uploaded. Encoding and decoding happen on your device using native browser APIs — close the tab and nothing remains on a server.