Compute monthly equated installments (EMI) for home, personal, and auto loans. Includes interactive loan amount sliders, principal vs interest percentage charts, and exportable year-by-year amortization schedules.
Runs entirely in your browser
An EMI (Equated Monthly Instalment) is the fixed amount you repay each month on a loan so that it is fully paid off by the end of the term, with each payment covering part interest and part principal. This calculator computes the EMI for a home, personal or auto loan from the amount, interest rate and tenure, and shows the total interest, the principal-versus-interest split, and a year-by-year amortization schedule you can export.
The amortization schedule is the useful part most calculators skip: it shows how, in the early years, most of each payment goes to interest and only later to principal. Seeing that, and the total interest over the term, makes the real cost of a longer tenure or a higher rate concrete rather than abstract.
It runs in your browser, so your figures stay private. Treat the result as the standard contractual maths for comparison and planning; a real quote may add fees or use a slightly different convention.
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