Loan
Calculator.
Enter your loan amount, interest rate, and term — get the monthly EMI, total interest, and the full amortization schedule. Switch between monthly and yearly payment frequencies.
Amortization formula
i = annual rate / payments per year N = term × payments per year EMI = P · i · (1 + i)^N / ((1 + i)^N − 1)
Each payment splits between interest (charged on the remaining balance) and principal. Early payments are interest-heavy; later payments pay down more principal.