Loan EMI Calculator & Amortization Schedule | Free Online Tool

Precise Financial Planning

Plan Your Monthly Repayment Instantly

Calculate your Equated Monthly Installment (EMI) for Personal, Business, Home, or Car loans with zero hassle.

Real-time EMI Estimator

Loan Amount (₹)

₹

₹50 Thousand ₹1 Crore

Interest Rate (% p.a.)

8.0% (Home Loan) 28.0% (Unsecured)

Loan Tenure (Years)

Yrs

1 Year 30 Years

Estimated Monthly EMI

Principal Amount ₹ 10,00,000

Total Interest ₹ 2,89,634

Principal (77%)

Interest (23%)

Total Amount Payable: ₹ 12,89,634

The Equated Monthly Installment is calculated using the universal mathematical formula:

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

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