Loan EMI Calculator – Calculate Your Monthly EMI Instantly (2024)

Plan your loans smarter with our free Loan EMI Calculator! Calculate monthly EMIs, interest payable, and repayment schedules for home loans, car loans, personal loans & more in seconds.

Loan EMI Calculator

Loan EMI Calculator

What is a Loan EMI Calculator?

Loan EMI (Equated Monthly Installment) Calculator is an essential financial tool that helps you estimate your monthly loan payments based on:

  • Loan Amount (Principal)
  • Interest Rate (Reducing or Flat)
  • Loan Tenure (in months/years)

Key Features:

✅ Accurate EMI Calculation – Know exact monthly payments
✅ Amortization Schedule – Detailed breakup of principal & interest
✅ Compare Loan Options – Adjust tenure/rate for best EMI
✅ Works for All Loans – Home, car, personal, education loans
✅ Free & No Registration – Unlimited use without signup


🔹 How to Use This EMI Calculator?

  1. Enter Loan Amount (e.g., ₹5,00,000)
  2. Input Interest Rate (e.g., 8.5% p.a.)
  3. Select Tenure (e.g., 5 years)
  4. Click “Calculate” – Get EMI, total interest, and repayment schedule

Example Use Cases:

  • Home Loan: “What’s the EMI for ₹30 lakh at 7.2% for 20 years?”
  • Car Loan: “How much interest will I pay on ₹8 lakh at 9% for 5 years?”
  • Personal Loan: “Can I afford ₹2 lakh EMI if I earn ₹50k/month?”

🔹 Why Use Our EMI Calculator?

✔ Financial Planning – Budget your expenses with precise EMIs
✔ Save Money – Compare loans to find lowest interest
✔ User-Friendly – Simple interface, works on mobile/desktop
✔ No Hidden Costs – 100% free with no ads


🔹 Best Free EMI Calculator Online (2024)

Works Offline – Download results as PDF