Premium Calculator
Loan
Loan
Calculator
Calculate your monthly EMI, total interest and total repayment amount instantly using our free online Loan Calculator.
100% Free
Instant
Accurate
Mobile Friendly
Calculate Loan EMI
Monthly EMI
Total Interest
Total Payment
About Loan Calculator
This free Loan Calculator helps you estimate your monthly EMI, total interest payable and total repayment amount for personal loans, home loans, education loans, vehicle loans and other financing options. Calculations are performed instantly in your browser.
Features
- Accurate EMI calculation.
- Total interest and repayment amount.
- Fast browser-based calculator.
- No registration required.
- Works on desktop and mobile.
EMI Formula
EMI = P × r × (1+r)n / ((1+r)n − 1)
Where P = Loan Amount, r = Monthly Interest Rate and n = Total Monthly Installments.
How to Use
- Enter the loan amount.
- Enter the annual interest rate.
- Enter the loan tenure in years.
- Click Calculate EMI.
- View EMI, total interest and total repayment instantly.
Frequently Asked Questions
Is this calculator free?
Yes, completely free.
Can I calculate home or personal loans?
Yes, it works for most loan types by entering the appropriate values.