Monthly EMI

$506.91

Total Interest Payable

$5,414.61

Total Payment

$30,414.61

Principal vs. interest

Principal$25,000.00(82.2%)
Interest$5,414.61(17.8%)

Amortization schedule

YearPrincipal paidInterest paidBalance
Year 1$4,235.99$1,846.92$20,764.00
Year 2$4,587.58$1,495.34$16,176.41
Year 3$4,968.37$1,114.55$11,208.05
Year 4$5,380.72$702.20$5,827.33
Year 5$5,827.32$255.60$0.00
  • 100% Free
  • No Sign-Up
  • No Credit Card
  • No Free Trial
  • No Pro Tier
  • No Watermarks

Nothing is uploaded. Just open it and start.

A loan EMI calculator that runs entirely in your browser

Enter your loan amount, interest rate, and tenure to see your monthly EMI, total interest, and total repayment instantly, then drill into a full amortization schedule. No sign-up, and nothing ever uploaded to a server.

Instant EMI calculation

See your monthly EMI, total interest, and total repayment update live as you adjust any input.

Full amortization schedule

Browse a year-by-year summary that expands into a complete monthly principal/interest breakdown.

Principal vs. interest breakdown

See exactly how much of your total repayment is principal versus interest, at a glance.

100% private, 100% client-side

Every calculation happens in your browser. Your loan details never leave your device.

Related tools

Unit Converter

Convert between length, weight, temperature, area, volume, speed, time, pressure, energy, power, storage, and more — instantly.

Age & Date Calculator

Calculate your exact age, the difference between two dates, or add and subtract days, weeks, months, and years from a date.

Base64 & URL Encoder/Decoder

Encode and decode text with Base64 or URL encoding instantly, entirely in your browser.

Hash Generator

Generate MD5, SHA-1, SHA-256, SHA-384, and SHA-512 hashes for text or files instantly, entirely in your browser.

Frequently asked questions

What is EMI and how is it calculated?
EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan. It's calculated from the loan amount, annual interest rate, and tenure using the standard reducing-balance formula: EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ − 1), where r is the monthly interest rate and n is the number of monthly installments.
Does this use flat or reducing-balance interest?
Reducing balance — the standard method for most home, car, personal, and education loans. Interest each month is calculated only on the remaining principal, not the original loan amount, so the interest portion of your EMI shrinks over time while the principal portion grows.
What is an amortization schedule?
A month-by-month (or year-by-year) breakdown of each payment showing how much goes toward interest versus principal, and your remaining balance after each installment.
Does this work for a 0% interest loan?
Yes. With a 0% rate, your EMI is simply the loan amount divided evenly across the tenure, with no interest component.
Is my loan information stored or uploaded anywhere?
No. All calculation happens locally in your browser, and your inputs are autosaved only to this browser's local storage for convenience — nothing is ever sent to a server.
Can I export the full payment schedule?
Yes. Click "CSV" in the amortization schedule to download the complete month-by-month breakdown.
Is the EMI calculator really free?
Yes — free in the plain sense: nothing to pay, nothing to register for, nothing that lapses after a week. The full amortization schedule is included, not gated behind a paid report or an email capture. The only revenue here is one modest ad slot on the page.
Do I have to create an account first?
No. There's no account system at all, so there's nothing to sign up for and nothing to install. Enter your amount, rate and tenure, and the EMI updates instantly.