Loan Calculator
Calculate loan EMI, total interest, and view full payment schedule
Loan Type Presets
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Principal vs Interest
Yearly Payment Summary
| Year | Total Principal | Total Interest | Remaining Balance |
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About Loan Calculator
Calculate monthly EMI payments for any loan type. Enter amount, rate, and term to see total interest and a complete payment schedule with principal breakdown.
- Calculates monthly EMI for any loan type
- Shows total interest and total payment amount
- Full payment schedule with principal/interest breakdown
- Interest decreases and principal increases shown per period
- Works for personal, auto, student, and other loans
Everything runs in your browser — your data never leaves your device.
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How to Use Loan Calculator
- Enter the loan amount, annual interest rate, and term in months
- View monthly EMI, total interest, and total payment
- Scroll through the full payment schedule showing principal and interest breakdown
Frequently Asked Questions
What is EMI?
EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan. It includes both principal and interest.
Can I use this for car loans?
Yes. This calculator works for any fixed-rate loan — personal, auto, student, or any other installment loan.
How is total interest calculated?
Total interest = (EMI x number of months) - loan amount. The schedule shows how interest decreases and principal increases each month.
