Loan EMI Calculator
Work out the monthly payment, total interest and amortization schedule for a fixed-rate loan.
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Finance and business tools calculate loan payments, mortgages, savings growth and tax for personal money questions, and margins, marketing metrics, invoices and startup plans for businesses. Results depend on the rates and figures you enter, so treat them as estimates and confirm major decisions with your lender, a tax authority or a qualified adviser.
Work out the monthly payment, total interest and amortization schedule for a fixed-rate loan.
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Estimate monthly mortgage payments from home price, down payment, rate and term, including taxes and insurance.
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Project how savings grow with compound interest, regular deposits and a chosen compounding frequency.
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Add sales tax, VAT or GST to a price, or remove it from a tax-inclusive total, at the rate you enter.
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Find the sale price and the amount saved after a percentage or fixed discount, including stacked discounts.
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Convert an amount from one currency to another using published exchange rates.
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No. A calculator applies standard formulas to the figures you enter and returns an estimate. It does not know your full situation, local rules or a lender's exact terms, so check important decisions with a qualified financial adviser, a tax professional or the lender itself.
Simple interest is paid only on the original amount, while compound interest is also paid on interest that has already been added. At 5% a year on 1,000 for two years, simple interest gives a balance of 1,100 and annual compounding gives 1,102.50.
EMI stands for equated monthly installment, the fixed amount you repay each month on a loan. Each installment covers that month's interest plus part of the principal. Early installments put a larger share toward interest, and later ones repay more of the principal.