Loan Calculator
Calculate loan EMI and total interest amount
Monthly EMI
₹10,624
Total Interest
₹1,37,411
Total Amount
₹6,37,411
Breakdown:
Frequently Asked Questions
Is this loan calculator free to use?
Yes! This loan calculator is 100% free with no sign-up required. Calculate loan EMI, total interest, and repayment amounts unlimited times for any type of loan including home loans, car loans, and personal loans.
How do I calculate my loan EMI?
Enter the loan amount you need, the annual interest rate offered by the lender, and the loan duration in years. Use the sliders for quick adjustments or type exact values. The calculator shows monthly EMI, total interest, and total payable amount instantly.
What does the loan calculator show?
The calculator displays your monthly EMI payment, total interest you'll pay over the loan period, total amount to be repaid, and a complete breakdown showing principal amount vs interest paid. All values update in real-time as you adjust inputs.
Can I compare different loan terms?
Yes! Adjust the sliders or input fields to instantly see how changing the loan amount, interest rate, or duration affects your monthly EMI and total interest. This helps you find the most affordable loan option.
How accurate is the loan calculation?
The calculator uses the standard EMI formula: [P × r × (1+r)^n] / [(1+r)^n-1] where P is principal, r is monthly rate, and n is months. Results match bank calculations and are accurate for financial planning and decision-making.