Business & Finance
EMI / Loan Calculator
Calculate the EMI on a business, home, car or personal loan and see how much of what you repay is interest.
Runs entirely in your browser — nothing you enter is sent or stored.
How it works
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the loan, r is the monthly rate (annual ÷ 12 ÷ 100) and n is the number of months. The yearly table splits each year's payments into principal and interest on a reducing balance.
Frequently asked questions
Does prepaying help?
Yes — prepayments reduce the outstanding principal, which cuts future interest. Check your lender's prepayment charges first.
Is processing fee included?
No. Add processing fees and insurance separately when comparing offers.