Loan / EMI Calculator
Calculate monthly EMI, total interest, total payment, and generate a detailed amortization table.
How to Use Loan / EMI Calculator
1
Enter the loan amount
2
Set the interest rate (annual)
3
Choose the loan tenure in months or years
4
View EMI, total interest, and amortization table
Key Features
Monthly EMI calculation
Total interest and payment summary
Detailed month-by-month amortization table
Tips & Tricks
Compare different tenures to find the best option
Longer tenure means lower EMI but more total interest
Frequently Asked Questions
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly interest rate, and n is number of months.