Loan Calculator — EMI, Interest & Amortisation Schedule
Calculate loan repayments, total interest and a full amortisation schedule, including extra payments.
Free, with no sign-up and no watermark. The file is processed in your browser and never uploaded.
Work out the regular payment (EMI) for any loan, the total interest and the full amortisation schedule. Choose monthly, fortnightly or weekly repayments and see how an extra payment shortens the loan.
Step by step
- Enter the loan: Fill in Loan amount, Interest rate (% per year) and Term (years).
- Pick the frequency: Choose Monthly, Fortnightly or Weekly repayments and your currency.
- Try prepaying: Add an amount in Extra payment to see how many payments it saves.
- Download the schedule: Press Download schedule (CSV) to open the full table in a spreadsheet.
Handy for
Home loans
Compare EMIs for different tenures.
Car and bike loans
See the true cost including interest.
Personal loans
Check an offer before signing.
Prepayment planning
See the effect of paying a little extra each month.
Good to know
A longer term lowers the EMI but raises total interest — compare both numbers.
For Indian bank loans specifically, the EMI Calculator is also available.
Questions
What formula is used?
The standard amortising formula EMI = P·r / (1 − (1 + r)^−n), where r is the rate per period and n the number of payments.
Are fees and insurance included?
No — processing fees, insurance and taxes aren’t part of the calculation. Check your lender’s quote for those.
Is anything sent to a server?
No. Every calculation runs in your browser, so the numbers you type never leave your device. The page keeps working offline once it has loaded.
Further reading
- Home Loan EMI: Tenure, Prepayment and How Much You Can Borrow — How home loan EMI is calculated, what a longer tenure really costs, how much monthly prepayment saves, and how FOIR and LTV limit the loan you can get.
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