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EMI / Loan Calculator

Estimate fixed monthly loan payments and total interest.

Guide & tutorial
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How to use emi / loan calculator

  1. Enter Loan principal and Annual interest rate as a percentage.
  2. Set a whole Number of monthly payments from 1 to 1,200.
  3. Choose Calculate and review monthly payment, total paid, and interest.

Work through an example

Calculate a level payment from principal, nominal annual interest, and a whole number of month-end payments.

Estimate fixed monthly loan payments with clear rate assumptions →

Formats, privacy, and practical limits

Illustrative calculations based on the values you enter. Figures exclude fees, taxes, and rate changes unless you include them. Returns are assumptions, not guarantees.

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Frequently asked questions

What payment timing does this model assume?

It assumes a fixed rate, annual percentage divided by twelve, and equal payments at the end of each monthly period, with no fees.

Why can the displayed payment times the term differ from total paid?

Totals are calculated from the unrounded payment and then rounded for display, so multiplying a rounded displayed payment can differ slightly.