Loan & EMI calculator
Drag the sliders and watch it update live — see your monthly payment, total interest, and exactly where every rupee or dollar goes.
Tip: nudge the term down a few years to see how much interest you save.
View yearly amortization schedule
Understanding your loan
Move the loan amount, interest rate and term sliders and the chart updates instantly. The donut shows the split between the money you actually borrowed (principal) and the extra you pay the lender (interest) over the whole loan — a powerful way to see why a lower rate or shorter term saves so much.
The formula
EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)
where P = principal, r = monthly rate (annual ÷ 12 ÷ 100), n = months (years × 12).
Is it private?
Yes — every calculation runs in your browser; nothing is uploaded.
Can I use it for a mortgage or car loan?
Yes, the same amortization maths applies to mortgages, car, personal and student loans.
For general guidance only — confirm exact figures with your lender.