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Loan EMI Calculator

Calculate monthly loan EMIs, total interest, visual principal vs interest breakdown, and complete amortization repayment schedule for home, car, and personal loans.

Quick Answer & Summary

A Loan EMI Calculator computes monthly loan repayments, total interest payable, and annual amortization payment schedules using reducing balance loan formulas client-side.

Standard EMI Formula
EMI = [P x R x (1+R)^N] / [(1+R)^N - 1]

Where P = Principal, R = Monthly Interest Rate, N = Total Months.

Loan Parameters
100% Client-Side
Adjust loan amount, interest rate, and tenure to calculate your monthly EMI.
10,00,000
8.5%
%
Monthly EMI & Summary180 Months (15 Yrs)
Monthly Loan EMI
9,847.4
Total Amount Payable: 17,72,531.09
Interest44%
Principal Loan:
10,00,000
Total Interest:
7,72,531.09
Total Amount:17,72,531.09

Amortization Repayment Schedule

Yearly & monthly breakdown of principal vs interest balance.

Year / MonthOpening BalanceEMI PaidPrincipalInterestClosing Balance
Year 110,00,0001,18,168.7234,491.9483,676.789,65,508.05
Year 29,65,508.051,18,168.7537,540.7280,628.039,27,967.33
Year 39,27,967.331,18,168.7540,858.9977,309.768,87,108.35
Year 48,87,108.351,18,168.7344,470.5473,698.198,42,637.8
Year 58,42,637.81,18,168.7248,401.3369,767.397,94,236.47
Year 67,94,236.471,18,168.7352,679.5665,489.177,41,556.9
Year 77,41,556.91,18,168.7257,335.9660,832.766,84,220.93
Year 86,84,220.931,18,168.7562,403.9555,764.86,21,816.98
Year 96,21,816.981,18,168.7767,919.950,248.875,53,897.09
Year 105,53,897.091,18,168.7773,923.444,245.374,79,973.71
Year 114,79,973.711,18,168.7280,457.5437,711.183,99,516.16
Year 123,99,516.161,18,168.7487,569.2630,599.483,11,946.9
Year 133,11,946.91,18,168.7495,309.5922,859.152,16,637.32
Year 142,16,637.321,18,168.731,03,734.0714,434.661,12,903.23
Year 151,12,903.231,18,168.711,12,903.215,265.50

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Updated:
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Documentation & Guide

How to Use Loan EMI Calculator

1

Enter Principal Loan Amount

Input the total borrowed amount or drag the slider from ₹50,000 up to ₹1 Crore.

2

Set Annual Interest Rate & Tenure

Enter the annual interest rate (% p.a.) and select your loan duration in years or months.

3

Inspect Breakdown & Amortization Schedule

View your exact monthly EMI, principal vs interest chart, and expand yearly rows to see monthly repayment balance trajectories with CSV download.

Pro Tips
Toggle between Years and Months to accurately model short-term loans.
Click on any Year header in the amortization schedule to expand month-by-month payments.
Export the schedule as CSV to import into Google Sheets or Microsoft Excel.

Practical Examples & Conversions

Input
Loan: ₹50,00,000 | Rate: 8.5% | Tenure: 20 Years
Output
Monthly EMI: ₹43,391 | Total Interest: ₹54,13,879 | Total Payment: ₹1,04,13,879

Frequently Asked Questions (PAA)

Related Tools & Converters

Authoritative Standards & Citations

Calculations and algorithms on this page are implemented and verified in strict accordance with the following official technical specifications: