EMI Calculator
🏦 EMI Calculator
Calculate Monthly Loan Payments — Home, Car & Personal Loans
| Year | Principal Paid | Interest Paid | Balance | Paid % |
|---|
📖 How to Use the EMI Calculator — Complete Guide
🏦 How It Works
- Enter the Loan Amount you plan to borrow.
- Set the Annual Interest Rate offered by your lender.
- Choose the Loan Tenure in years (1‑30).
- The Monthly EMI appears instantly along with total payment, total interest, and a year‑wise repayment table.
- Use the preset buttons to quickly load common loan scenarios.
- Click Download CSV to export the amortization schedule for Excel or Google Sheets.
📊 EMI Formula
EMI = P × r × (1 + r)ⁿ / ((1 + r)ⁿ − 1)
Where: P = principal, r = monthly interest rate, n = total months.
Instant Calculation
EMI updates as you type — no button required.
Amortization Schedule
Year‑wise breakdown of principal, interest, and balance.
Loan Presets
Quick examples for home, car, personal, and education loans.
Download CSV
Export the schedule for offline analysis.
Copy EMI
One‑click copy of your monthly installment.
100% Private
All calculations happen locally in your browser.
❓ FAQ
EMI (Equated Monthly Installment) is a fixed payment made by a borrower to a lender each month, covering both principal and interest, until the loan is fully repaid.
Using the formula: EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ−1), where P = loan amount, r = monthly interest rate, n = tenure in months.
Yes, it works for any reducing‑balance loan — home, car, personal, education, etc. Use the presets for quick examples.
Yes, click "Download CSV" to export the complete year‑wise amortization table as a CSV file for Excel or Google Sheets.
100% free, part of All‑in‑One Utility Hub.