How to use the Calculator
Enter the loan amount (principal).
Input the annual interest rate (in %).
Set the loan tenure in years or months.
(Optional) Add any prepayment or extra monthly contribution.
Click Calculate to see EMI, total interest, and amortization schedule.
Who benefits from this EMI Calculator
Homebuyers comparing loan offers and tenures.
Car buyers planning monthly budgets.
Borrowers evaluating the impact of interest rates and tenure.
Financial planners and advisors creating repayment strategies.
Tips to reduce EMI burden
Increase down payment to lower principal.
Opt for a shorter tenure only if monthly cash flow allows — it reduces overall interest.
Make occasional prepayments to cut interest and tenure.
Compare interest rates from multiple lenders before committing.
Why use our EMI Calculator?
Using this Calculator helps remove uncertainty and empowers you to choose loan terms that match your budget and long-term financial goals. Instead of guessing monthly payments, get precise numbers and a clear repayment plan in seconds.
Start using our Calculator now to plan your loan repayment smartly and confidently.