🏦

Loan / EMI Calculator

Calculate monthly repayments, total interest and a full amortisation schedule.

Advertisement
Ad slot: top
Advertisement
Ad slot: incontent

About the Loan / EMI Calculator

Enter the loan amount, annual interest rate and term to see the monthly instalment, the total interest you will pay and a month-by-month amortisation table showing how much of each payment goes to principal versus interest.

Figures are estimates based on a fixed rate and equal monthly instalments. Your lender's fees, insurance and rate changes are not included.

Frequently asked questions

What formula is used?

The standard EMI formula: P × r × (1+r)^n / ((1+r)^n − 1), where r is the monthly rate and n the number of months.

Related tools

All Calculators →
Advertisement
Ad slot: bottom