Loan Calculator - EMI Calculator with Amortization

Calculate monthly EMI, total interest, and loan breakdown with visual charts. Perfect for home loans, personal loans, and auto loans with detailed amortization schedule and repayment analysis.

Loan Details

Enter your loan information to calculate EMI

Loan Amount ($)

Interest Rate (% per year)

Loan Tenure

Tenure Type

About EMI Calculation

EMI (Equated Monthly Installment) is the fixed amount you pay every month towards your loan repayment. It consists of both principal and interest components.

The EMI calculation uses the formula: EMI = P × r × (1+r)^n / ((1+r)^n-1)

Where P = Principal loan amount, r = Monthly interest rate, n = Number of monthly installments.