Skip to content
TechToolsHQ
NewsReviewsGuidesTech 101Tech SeriesToolsNewsletter
TechToolsHQ

Independent, research-driven tech coverage — breaking news, in-depth reviews, buying guides, and technical tutorials to help you understand and choose with confidence.

Explore
NewsReviewsGuidesTech 101Tech SeriesFree Tools
Legal
About UsOur AuthorsContact UsPrivacy PolicyTerms of ServiceCopyright & DMCAAffiliate DisclosureEditorial PolicyAdvertise With Us

© 2026 TechToolsHQ. All rights reserved.

Tools / Loan & EMI calculator

Loan & EMI calculator

Standard amortised repayment maths for a mortgage, car loan or personal loan, in whatever currency you are working in. Shows the total interest over the term, which is usually the number that changes minds.

Runs entirely in your browser

Loading tool…

About this tool

This calculator works out the monthly repayment on a loan using the standard amortisation formula — the same maths a bank uses for a mortgage, car loan or personal loan. Enter the amount borrowed, the interest rate and the term, in whatever currency you work in, and it returns the fixed monthly payment (the EMI), the total interest paid over the life of the loan, and the total amount repaid.

The total-interest figure is usually the one that changes minds. A lower monthly payment achieved by stretching the term can quietly add a large sum in interest, and seeing that number side by side with the monthly cost makes the trade-off concrete. Comparing scenarios — a shorter term, a bigger deposit, a slightly better rate — shows exactly what each is worth.

It runs in your browser, so your figures stay private. Treat the result as the contractual repayment maths; real quotes may add fees or use a different compounding convention, so use it to compare and plan rather than as a binding offer.

Frequently asked questions

What is an EMI?
An Equated Monthly Instalment is the fixed amount you pay each month on an amortising loan, covering both interest and principal, so the balance reaches zero at the end of the term.
Why does the total interest matter so much?
Because a longer term lowers the monthly payment but often raises the total interest substantially. Seeing the total repaid alongside the monthly figure reveals the real cost of stretching a loan.
Can I use it for any type of loan?
Yes. The amortisation maths is the same for mortgages, car loans and personal loans, and it works in any currency since you supply the amount and rate.
Will my actual repayment match this exactly?
It gives the standard contractual figure. Real quotes can differ slightly because of fees, insurance or a different compounding convention, so use it to compare and plan.
Are my loan figures kept private?
Yes. The calculation runs in your browser, so the amounts you enter are not sent to a server.

Enjoying Loan & EMI calculator?

TechToolsHQ is an independent, reader-supported tech platform. If this free tool saved you time, solved a problem, or helped your workflow, consider supporting our work. Your support helps us keep our utilities 100% free, private, and ad-free for everyone.

100% optional · Reader supported · Independent researchSupport our work

Related tools

  • Aspect ratio calculatorReduce dimensions to a ratio, and resize while keeping it.
  • BMI calculatorBody mass index from height and weight, with the usual caveats stated.
  • Tip calculatorWork out the tip and split the bill, including rounding up.
  • Discount calculatorSee the real price after a discount — including two stacked ones.
  • Sales tax, VAT & GST calculatorAdd tax to a price, or work out the tax already inside one.
  • Compound interest calculatorSee what savings grow to, with regular deposits included.

Browse all tools