Does this work for all loan types?

Yes! You can use this calculator for Home Loans, Car/Auto Loans, Personal Loans, Education Loans, and Business Loans across all Indian banks and NBFCs.

Can I download the payment schedule?

Yes, you can instantly download or view your month-by-month and year-by-year amortization breakdown.

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EMI Calculator — Calculate Loan EMI Online Free

Calculate your home, car, or personal loan EMI instantly. Free, accurate, no signup.

Loan Amount

₹

₹1 Lakh₹25,00,000₹1 Crore

Interest Rate (% p.a.)

5%8.5% p.a.20%

Loan Tenure

1 Year20 years (240 Installments)30 Years

Live Monthly EMI

₹21,696/ month

Payment Ratio48% Principal / 52% Interest

Principal: ₹25,00,000

Interest: ₹27,06,939

Total Interest Payable₹27,06,939

Total Amount Payable₹52,06,939

Total Months240 Installments

How to Use EMI Calculator

Follow these 3 simple steps to get your task done in seconds.

Select Loan Type or Enter Amount

Choose a quick preset (Home, Car, Personal) or type your exact loan amount.

Adjust Interest Rate & Tenure

Set your annual interest rate and repayment duration in years or months.

View Breakdown & Download

Instantly see your monthly EMI, total interest, and download the full amortization schedule.

Questions About EMI Calculator

Everything you need to know about our free in-browser EMI Calculator.

EMI is calculated using the standard mathematical formula: E = [P × R × (1+R)^N] / [(1+R)^N - 1], where P is Principal, R is monthly interest rate, and N is the tenure in months.