Loan/EMI Calculator
Math & Calculators
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About This Tool
Free, private, serverless loan and EMI calculator. Calculate monthly payments, total interest, and total payment for any loan. Visual principal vs interest chart. Full amortization schedule with monthly breakdown. Supports multiple currencies (USD, EUR, GBP, JPY, INR, AED). No data leaves your browser — 100% client-side.
How to Use
- Enter the loan amount
- Set the annual interest rate (%)
- Enter the loan term (years or months)
- Select your currency
- Click Calculate EMI
- View the amortization schedule for monthly details
Frequently Asked Questions
What is EMI?
EMI (Equated Monthly Installment) is the fixed amount you pay each month toward repaying a loan. It includes both principal and interest components.
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is the principal, r is the monthly interest rate, and n is the total number of months.
What does the amortization schedule show?
It shows the monthly breakdown of each payment into principal and interest components, along with the remaining loan balance after each payment.
What are the use cases?
Home mortgage planning, auto loan comparison, personal loan assessment, student loan analysis, and understanding the true cost of borrowing.
Guides & Tutorials
In-depth guides for every tool. Learn how to process your data privately, for free, right in your browser.
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