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Loan EMI & amortization

Monthly EMI for a home, car or personal loan, with the full repayment schedule.

What you enter

  • Loan amount
  • Interest rate
  • Tenure

How this is calculated

  • EMI = P × i × (1 + i)^n ÷ ((1 + i)^n − 1), where i = annual rate ÷ 12 and n = months.
  • Each month the interest is i × outstanding balance; the rest of the EMI repays principal.

More in this category

⇟ Loan prepayment⛓ Debt payoff: snowball vs avalanche▭ Credit card payoff⟲ Loan refinancing (student or personal loan)⌂ Loan eligibility & affordability

These calculators show illustrative outcomes only. Returns are not guaranteed. Tax rules and rates change; verify them before acting. Nothing here is financial, tax or legal advice.