EMI Calculator – Loan EMI, Interest & Amortization
Free EMI calculator for home, car, and personal loans. Get monthly EMI, total interest, and amortization preview — private, no signup.
Private: calculation runs only in your browser.
Finance Calculator
Loan EMI Calculator
Monthly EMI
$2,169.56
Months: 240
Total payment$520,693.94
Total interest$270,693.94
Formula: EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where r is monthly rate and n is months.
Amortization preview (first months)
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $398.72 | $1,770.83 | $249,601.28 |
| 2 | $401.55 | $1,768.01 | $249,199.73 |
| 3 | $404.39 | $1,765.16 | $248,795.33 |
| 4 | $407.26 | $1,762.30 | $248,388.08 |
| 5 | $410.14 | $1,759.42 | $247,977.93 |
| 6 | $413.05 | $1,756.51 | $247,564.88 |
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All toolsWhat Is a Loan EMI Calculator?
An EMI calculator finds the fixed monthly payment on a reducing-balance loan. Enter principal, annual rate, and tenure to see EMI, total interest, and a short amortization preview.