💰 Loan Calculator

Calculate EMI, view amortization schedules, compare loans, and plan prepayments

Loan Details

Enter your loan information

10.0%
0% 30%
10 years
1 year 30 years
📐 EMI Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N - 1]
where P = Principal, R = Monthly Rate, N = Months

Payment Summary

Your loan breakdown

Monthly EMI
₹ 0
Total Amount
₹ 0
Total Interest
₹ 0
Principal ₹ 0
Principal
Interest

Amortization Schedule

Year-wise payment breakdown

Year Opening Balance EMI Paid Principal Paid Interest Paid Closing Balance
Calculate EMI to view amortization schedule

Compare Loan Options

Evaluate different scenarios

Enter loan amount to compare different options

Prepayment Details

Calculate savings with extra payments

10.0%
0% 30%
10 years
1 year 30 years

Prepayment Impact

Your savings and benefits

Interest Saved
₹ 0
Time Saved
0 months
New Tenure
0 years
💡 Prepayment Benefits
Making extra payments reduces your principal faster, significantly cutting down total interest and loan duration.

Comparison

Original Total Payment ₹ 0
With Prepayment ₹ 0
Total Savings ₹ 0

Free Online Loan Calculator – Calculate EMI, Interest & Repayment Instantly

Our Loan Calculator is a free and accurate online financial tool that helps you calculate your EMI (Equated Monthly Installment), total interest, and total repayment amount easily. It is ideal for personal loans, home loans, car loans, and smart financial planning.

What Is a Loan Calculator?

A loan calculator is an online finance tool used to calculate monthly EMI, interest amount, and total loan repayment based on loan amount, interest rate, and loan tenure. It helps users understand the real cost of borrowing.

How Our Online Loan Calculator Works

This online loan calculator uses standard financial formulas to calculate EMI accurately. Just enter your loan amount, interest rate, and repayment tenure to get instant EMI and interest results.

What You Can Calculate Using This Loan Calculator

With our loan EMI calculator, you can easily calculate:

Instant Results with Accurate Calculation

This EMI calculator online provides instant and reliable results, helping you plan your finances better and make informed borrowing decisions.

Key Features of Our Loan Calculator

Our loan repayment calculator is designed for simplicity, accuracy, and ease of use, making it suitable for all types of borrowers.

Benefits of Using This Loan Calculator

Why Use an Online Loan Calculator?

Using an online loan calculator helps you understand loan affordability, manage repayments, and avoid financial stress with better planning.

Perfect Tool for Financial Planning

This EMI planning tool is ideal for individuals, families, and professionals who want to manage loans responsibly and plan finances effectively.

Loan Calculator for Personal, Home & Car Loans

Whether you need a personal loan calculator, a home loan calculator, or a car loan calculator, this tool delivers accurate EMI breakdowns for all loan types.

Understand Your Loan Repayment Clearly

With our interest calculator and EMI calculator, you can clearly understand how much interest you will pay and the total amount you need to repay over time.

Calculate Your Loan EMI Online Today

Use our free online loan calculator to calculate EMI, interest, and repayment instantly and take smart financial decisions with confidence.

Who Should Use This Loan Calculator?

This tool is perfect for salaried individuals, business owners, home buyers, car buyers, and anyone planning to take a loan in India.

Disclaimer

Loan calculations are estimates based on standard financial formulas. Actual EMI and interest may vary based on bank policies, credit profile, and applicable charges. Always confirm with your financial institution before finalizing any loan.