EMI Calculator
Calculate EMI, total interest, total payment, and view the amortization schedule.
Amount you borrow (before fees).
Example: 8.5, 10.25
You can enter months or years.
Optional. For better estimation.
Set fee mode to enable.
Affects display only.
For display only.
Monthly can be long for big tenures.
Example: 12 means after paying 12 EMIs.
Enter 0 to disable.
Optional override.
Ready. Enter details and click Calculate.
Monthly EMI
—
Total interest
—
Total payment
—
Upfront fees
—
Effective outflow (payment + fees)
—
Closing month
—
Amortization schedule
Schedule appears after calculation.
How EMI is calculated
- Monthly rate: r = (annual rate / 12) / 100
- EMI: P × r × (1+r)n / ((1+r)n − 1)
- Total payment: EMI × n
- Total interest: Total payment − P
This tool runs in your browser and does not upload any data.