Loan / EMI Calculator
Monthly payment, total interest, and total cost for any loan or mortgage.
1,863.93
Monthly payment
197,343.88
Total interest
447,343.88
Total paid
Calculate the monthly payment, total interest, and total cost of a loan or mortgage from the amount, interest rate, and term. Instant and on-device.
How to use Loan / EMI
- Enter the loan amount.
- Enter the annual interest rate.
- Enter the term in years.
- Read the monthly payment, total interest, and total paid.
Frequently asked questions
How is the monthly payment calculated?
It uses the standard amortization formula, which spreads principal and interest into equal monthly payments (EMI) over the loan term.
Does this include taxes or insurance?
No. It calculates principal and interest only. Property tax, insurance, or fees would be added on top for a full mortgage estimate.
Is anything I enter stored?
No. All calculations run locally in your browser; nothing is saved or sent.
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