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EMI Calculator

Calculate Equal Monthly Installments (EMI) for personal, car, or home loans with amortization schedule.

Currency:
$
8.5%
5 Years (60 Months)

Monthly EMI Payment

Standard Monthly EMI$2,052 /mo
Total Interest$23,099
Total Amount Paid$123,099

Why Choose Our EMI Calculator?

Instant EMI calculation for home, car, personal, and education loans

Visual principal vs. total interest distribution chart

Full month-by-month and year-by-year amortization payment schedule

Export amortization table to CSV or PDF

How to Use EMI Calculator in 4 Easy Steps

1

Enter Loan Amount

Type the total borrowed principal amount.

2

Enter Interest Rate

Type annual interest percentage (e.g., 8.5%).

3

Set Loan Tenure

Select loan duration in years or months.

4

Analyze Breakdown

View your monthly EMI, total interest, and full repayment schedule.

Frequently Asked Questions

EMI stands for Equated Monthly Installment — a fixed payment made by a borrower to a lender each calendar month.