Loan EMI calculator

Monthly instalment, total interest and a year-by-year schedule. Everything runs in your browser.

Loan amount

Interest rate (% per year)

Tenure (years)

Currency

Formula: EMI = P·r·(1+r)ⁿ / ((1+r)ⁿ − 1), r = monthly rate, n = months.

Monthly EMI

–

Principal–

Interest–

Total paid–

Outstanding balance

Schedule by year

Year	Principal paid	Interest paid	Balance