Calculators · Free browser tool

EMI Calculator

Estimate monthly payments for a fixed-rate loan.

Runs on your deviceNo account needed

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Estimate a fixed monthly loan payment from the principal, annual interest rate, and term. This calculation uses monthly compounding and a reducing loan balance.

How to use EMI Calculator

Enter the principal

Use the loan amount, excluding fees unless financed.

Set rate and tenure

Enter the annual percentage rate and the term in years.

Compare the estimate

Review monthly EMI, total interest, and total payable.

Inputs and options

Control	Available values or units
Loan amount	Enter loan amount · minimum 0
Annual interest rate	% · minimum 0
Tenure	yrs · minimum 0

Example

₹100,000 principal, 12% annual interest, 1 year → approximately ₹8,884.88 per month. At 0% interest, EMI is principal divided by the number of months.

What to check

This is an estimate, not a loan offer. Processing fees, insurance, rounding, variable rates, and repayment timing can change a lender’s actual schedule. Use a positive term.

Common questions

Is EMI Calculator free?

Yes. There is no account requirement or payment step to use this tool.

Where is my input processed?

Inside your browser. This tool does not submit your input to a processing server. The hosting service still receives normal requests to load the website and its assets.

Will this work on my phone?

It is designed for current browsers on phones and computers. Available memory, file size, browser format support, and the tool’s controls determine what your device can process.