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Loan & EMI calculator

Loan / EMI

Principal, APR, and term. Instant payment schedule math — private by default.

Runs in your browser. Numbers stay on this device — nothing is uploaded to BrowserSpaces for processing.

EMI formula

Standard amortizing payment.

Totals

Interest and amount repaid.

Amortization link

Open the full schedule tool next.

Use the calculator

EMI / month

1580.17

Total payment

568861.22

Total interest

318861.22

Need the month-by-month split? Open amortization schedule.

How it works

How EMI is calculated

Payment = P × r(1+r)^n / ((1+r)^n − 1) with monthly rate r and n months.

Three steps

  1. 1

    Principal

    Amount borrowed.

  2. 2

    APR & term

    Annual rate and years or months.

  3. 3

    Read payment

    Monthly EMI and totals.