EMI Calculator

Calculators & Converters

Compute monthly EMI for any loan — principal, annual rate, tenure. Returns monthly payment, total interest, total payment, plus a full amortization schedule and a downloadable CSV.

Runs entirely in your browser

Currency

Principal

Annual interest rate8%

Tenure20 years

Monthly EMI

$4,182

Total interest

$503,728

Total payment

$1,003,728

Principal vs Interest

Loading chart...

Amortization schedule (240 months)

#	EMI	Principal	Interest	Balance
1	$4,182	$849	$3,333	$499,151
2	$4,182	$855	$3,328	$498,297
3	$4,182	$860	$3,322	$497,436
4	$4,182	$866	$3,316	$496,570
5	$4,182	$872	$3,310	$495,699
6	$4,182	$878	$3,305	$494,821
7	$4,182	$883	$3,299	$493,938
8	$4,182	$889	$3,293	$493,048
9	$4,182	$895	$3,287	$492,153
10	$4,182	$901	$3,281	$491,252
11	$4,182	$907	$3,275	$490,345
12	$4,182	$913	$3,269	$489,432
13	$4,182	$919	$3,263	$488,512
14	$4,182	$925	$3,257	$487,587
15	$4,182	$932	$3,251	$486,655
16	$4,182	$938	$3,244	$485,717
17	$4,182	$944	$3,238	$484,773
18	$4,182	$950	$3,232	$483,823
19	$4,182	$957	$3,225	$482,866
20	$4,182	$963	$3,219	$481,903
21	$4,182	$970	$3,213	$480,934
22	$4,182	$976	$3,206	$479,958
23	$4,182	$982	$3,200	$478,975
24	$4,182	$989	$3,193	$477,986
25	$4,182	$996	$3,187	$476,991
26	$4,182	$1,002	$3,180	$475,988
27	$4,182	$1,009	$3,173	$474,979
28	$4,182	$1,016	$3,167	$473,964
29	$4,182	$1,022	$3,160	$472,941
30	$4,182	$1,029	$3,153	$471,912
31	$4,182	$1,036	$3,146	$470,876
32	$4,182	$1,043	$3,139	$469,833
33	$4,182	$1,050	$3,132	$468,783
34	$4,182	$1,057	$3,125	$467,726
35	$4,182	$1,064	$3,118	$466,662
36	$4,182	$1,071	$3,111	$465,591
37	$4,182	$1,078	$3,104	$464,512
38	$4,182	$1,085	$3,097	$463,427
39	$4,182	$1,093	$3,090	$462,334
40	$4,182	$1,100	$3,082	$461,234
41	$4,182	$1,107	$3,075	$460,127
42	$4,182	$1,115	$3,068	$459,012
43	$4,182	$1,122	$3,060	$457,890
44	$4,182	$1,130	$3,053	$456,761
45	$4,182	$1,137	$3,045	$455,623
46	$4,182	$1,145	$3,037	$454,479
47	$4,182	$1,152	$3,030	$453,326
48	$4,182	$1,160	$3,022	$452,166
49	$4,182	$1,168	$3,014	$450,999
50	$4,182	$1,176	$3,007	$449,823
51	$4,182	$1,183	$2,999	$448,640
52	$4,182	$1,191	$2,991	$447,448
53	$4,182	$1,199	$2,983	$446,249
54	$4,182	$1,207	$2,975	$445,042
55	$4,182	$1,215	$2,967	$443,827
56	$4,182	$1,223	$2,959	$442,603
57	$4,182	$1,232	$2,951	$441,372
58	$4,182	$1,240	$2,942	$440,132
59	$4,182	$1,248	$2,934	$438,884
60	$4,182	$1,256	$2,926	$437,628
61	$4,182	$1,265	$2,918	$436,363
62	$4,182	$1,273	$2,909	$435,090
63	$4,182	$1,282	$2,901	$433,809
64	$4,182	$1,290	$2,892	$432,518
65	$4,182	$1,299	$2,883	$431,220
66	$4,182	$1,307	$2,875	$429,912
67	$4,182	$1,316	$2,866	$428,596
68	$4,182	$1,325	$2,857	$427,271
69	$4,182	$1,334	$2,848	$425,938
70	$4,182	$1,343	$2,840	$424,595
71	$4,182	$1,352	$2,831	$423,243
72	$4,182	$1,361	$2,822	$421,883
73	$4,182	$1,370	$2,813	$420,513
74	$4,182	$1,379	$2,803	$419,134
75	$4,182	$1,388	$2,794	$417,746
76	$4,182	$1,397	$2,785	$416,349
77	$4,182	$1,407	$2,776	$414,943
78	$4,182	$1,416	$2,766	$413,527
79	$4,182	$1,425	$2,757	$412,101
80	$4,182	$1,435	$2,747	$410,666
81	$4,182	$1,444	$2,738	$409,222
82	$4,182	$1,454	$2,728	$407,768
83	$4,182	$1,464	$2,718	$406,304
84	$4,182	$1,474	$2,709	$404,831
85	$4,182	$1,483	$2,699	$403,347
86	$4,182	$1,493	$2,689	$401,854
87	$4,182	$1,503	$2,679	$400,351
88	$4,182	$1,513	$2,669	$398,838
89	$4,182	$1,523	$2,659	$397,315
90	$4,182	$1,533	$2,649	$395,781
91	$4,182	$1,544	$2,639	$394,237
92	$4,182	$1,554	$2,628	$392,683
93	$4,182	$1,564	$2,618	$391,119
94	$4,182	$1,575	$2,607	$389,544
95	$4,182	$1,585	$2,597	$387,959
96	$4,182	$1,596	$2,586	$386,363
97	$4,182	$1,606	$2,576	$384,757
98	$4,182	$1,617	$2,565	$383,140
99	$4,182	$1,628	$2,554	$381,512
100	$4,182	$1,639	$2,543	$379,873
101	$4,182	$1,650	$2,532	$378,223
102	$4,182	$1,661	$2,521	$376,563
103	$4,182	$1,672	$2,510	$374,891
104	$4,182	$1,683	$2,499	$373,208
105	$4,182	$1,694	$2,488	$371,514
106	$4,182	$1,705	$2,477	$369,808
107	$4,182	$1,717	$2,465	$368,092
108	$4,182	$1,728	$2,454	$366,363
109	$4,182	$1,740	$2,442	$364,623
110	$4,182	$1,751	$2,431	$362,872
111	$4,182	$1,763	$2,419	$361,109
112	$4,182	$1,775	$2,407	$359,334
113	$4,182	$1,787	$2,396	$357,548
114	$4,182	$1,799	$2,384	$355,749
115	$4,182	$1,811	$2,372	$353,939
116	$4,182	$1,823	$2,360	$352,116
117	$4,182	$1,835	$2,347	$350,281
118	$4,182	$1,847	$2,335	$348,434
119	$4,182	$1,859	$2,323	$346,575
120	$4,182	$1,872	$2,310	$344,703
121	$4,182	$1,884	$2,298	$342,819
122	$4,182	$1,897	$2,285	$340,922
123	$4,182	$1,909	$2,273	$339,013
124	$4,182	$1,922	$2,260	$337,091
125	$4,182	$1,935	$2,247	$335,156
126	$4,182	$1,948	$2,234	$333,208
127	$4,182	$1,961	$2,221	$331,247
128	$4,182	$1,974	$2,208	$329,273
129	$4,182	$1,987	$2,195	$327,286
130	$4,182	$2,000	$2,182	$325,286
131	$4,182	$2,014	$2,169	$323,272
132	$4,182	$2,027	$2,155	$321,245
133	$4,182	$2,041	$2,142	$319,205
134	$4,182	$2,054	$2,128	$317,151
135	$4,182	$2,068	$2,114	$315,083
136	$4,182	$2,082	$2,101	$313,001
137	$4,182	$2,096	$2,087	$310,905
138	$4,182	$2,109	$2,073	$308,796
139	$4,182	$2,124	$2,059	$306,672
140	$4,182	$2,138	$2,044	$304,535
141	$4,182	$2,152	$2,030	$302,383
142	$4,182	$2,166	$2,016	$300,216
143	$4,182	$2,181	$2,001	$298,036
144	$4,182	$2,195	$1,987	$295,840
145	$4,182	$2,210	$1,972	$293,630
146	$4,182	$2,225	$1,958	$291,406
147	$4,182	$2,239	$1,943	$289,166
148	$4,182	$2,254	$1,928	$286,912
149	$4,182	$2,269	$1,913	$284,642
150	$4,182	$2,285	$1,898	$282,358
151	$4,182	$2,300	$1,882	$280,058
152	$4,182	$2,315	$1,867	$277,743
153	$4,182	$2,331	$1,852	$275,412
154	$4,182	$2,346	$1,836	$273,066
155	$4,182	$2,362	$1,820	$270,704
156	$4,182	$2,378	$1,805	$268,327
157	$4,182	$2,393	$1,789	$265,934
158	$4,182	$2,409	$1,773	$263,524
159	$4,182	$2,425	$1,757	$261,099
160	$4,182	$2,442	$1,741	$258,657
161	$4,182	$2,458	$1,724	$256,199
162	$4,182	$2,474	$1,708	$253,725
163	$4,182	$2,491	$1,692	$251,235
164	$4,182	$2,507	$1,675	$248,727
165	$4,182	$2,524	$1,658	$246,203
166	$4,182	$2,541	$1,641	$243,662
167	$4,182	$2,558	$1,624	$241,105
168	$4,182	$2,575	$1,607	$238,530
169	$4,182	$2,592	$1,590	$235,938
170	$4,182	$2,609	$1,573	$233,329
171	$4,182	$2,627	$1,556	$230,702
172	$4,182	$2,644	$1,538	$228,058
173	$4,182	$2,662	$1,520	$225,396
174	$4,182	$2,680	$1,503	$222,716
175	$4,182	$2,697	$1,485	$220,019
176	$4,182	$2,715	$1,467	$217,303
177	$4,182	$2,734	$1,449	$214,570
178	$4,182	$2,752	$1,430	$211,818
179	$4,182	$2,770	$1,412	$209,048
180	$4,182	$2,789	$1,394	$206,260
181	$4,182	$2,807	$1,375	$203,452
182	$4,182	$2,826	$1,356	$200,627
183	$4,182	$2,845	$1,338	$197,782
184	$4,182	$2,864	$1,319	$194,918
185	$4,182	$2,883	$1,299	$192,035
186	$4,182	$2,902	$1,280	$189,134
187	$4,182	$2,921	$1,261	$186,212
188	$4,182	$2,941	$1,241	$183,271
189	$4,182	$2,960	$1,222	$180,311
190	$4,182	$2,980	$1,202	$177,331
191	$4,182	$3,000	$1,182	$174,331
192	$4,182	$3,020	$1,162	$171,311
193	$4,182	$3,040	$1,142	$168,271
194	$4,182	$3,060	$1,122	$165,210
195	$4,182	$3,081	$1,101	$162,130
196	$4,182	$3,101	$1,081	$159,028
197	$4,182	$3,122	$1,060	$155,906
198	$4,182	$3,143	$1,039	$152,763
199	$4,182	$3,164	$1,018	$149,600
200	$4,182	$3,185	$997	$146,415
201	$4,182	$3,206	$976	$143,209
202	$4,182	$3,227	$955	$139,981
203	$4,182	$3,249	$933	$136,732
204	$4,182	$3,271	$912	$133,462
205	$4,182	$3,292	$890	$130,169
206	$4,182	$3,314	$868	$126,855
207	$4,182	$3,337	$846	$123,518
208	$4,182	$3,359	$823	$120,159
209	$4,182	$3,381	$801	$116,778
210	$4,182	$3,404	$779	$113,375
211	$4,182	$3,426	$756	$109,948
212	$4,182	$3,449	$733	$106,499
213	$4,182	$3,472	$710	$103,027
214	$4,182	$3,495	$687	$99,531
215	$4,182	$3,519	$664	$96,013
216	$4,182	$3,542	$640	$92,471
217	$4,182	$3,566	$616	$88,905
218	$4,182	$3,590	$593	$85,315
219	$4,182	$3,613	$569	$81,702
220	$4,182	$3,638	$545	$78,065
221	$4,182	$3,662	$520	$74,403
222	$4,182	$3,686	$496	$70,717
223	$4,182	$3,711	$471	$67,006
224	$4,182	$3,735	$447	$63,270
225	$4,182	$3,760	$422	$59,510
226	$4,182	$3,785	$397	$55,724
227	$4,182	$3,811	$371	$51,914
228	$4,182	$3,836	$346	$48,078
229	$4,182	$3,862	$321	$44,216
230	$4,182	$3,887	$295	$40,329
231	$4,182	$3,913	$269	$36,415
232	$4,182	$3,939	$243	$32,476
233	$4,182	$3,966	$217	$28,510
234	$4,182	$3,992	$190	$24,518
235	$4,182	$4,019	$163	$20,499
236	$4,182	$4,046	$137	$16,454
237	$4,182	$4,073	$110	$12,381
238	$4,182	$4,100	$83	$8,281
239	$4,182	$4,127	$55	$4,155
240	$4,182	$4,155	$28	$0

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About EMI Calculator

EMI (Equated Monthly Installment) is how almost every fixed-rate loan repayment is structured — home loans, car loans, personal loans, and most fixed-rate mortgages. The formula is identical across countries: a fixed monthly amount that pays a little more principal each month while the remaining balance shrinks. This calculator gives you all the numbers a typical lender's calculator does, plus a few extras.

You pick the principal, annual interest rate, tenure in years, and currency (seven supported with locale-aware formatting). The output is the monthly EMI, the total interest you'll pay over the loan's life, the total payment (principal + interest), and a complete amortization schedule with one row per month showing how much of each payment is principal versus interest and the remaining balance. The schedule is downloadable as CSV for spreadsheet analysis, and a pie chart visualizes the principal-vs-interest split — a useful way to see just how much of a long-term mortgage actually goes to interest.

How to use

1
Pick a currency
Choose USD, EUR, GBP, INR, AUD, CAD, or JPY. Formatting follows the locale (commas vs dots, position of the symbol).
2
Enter the principal
The loan amount you're borrowing.
3
Set the annual interest rate
Use the slider for annual percentage rate (APR). For most home loans this is between 5% and 12%.
4
Set the tenure
Use the slider for loan duration in years. Typical mortgages are 15–30 years; personal loans 1–5; car loans 3–7.
5
Review the breakdown
Monthly EMI, total interest, and total payment appear in three cards. A pie chart visualizes the principal vs interest split.
6
Export the schedule
Click CSV in the amortization table header to download the full monthly breakdown.

Examples

$500,000 mortgage at 8% for 20 years

Typical mortgage calculation.

Output

EMI: $4,182 / month · Total interest: $503,609 · Total payment: $1,003,609

Frequently asked questions

What formula does the calculator use?+

The standard reducing-balance EMI formula: EMI = P × r × (1 + r)ⁿ / ((1 + r)ⁿ − 1), where P is principal, r is monthly rate (annual ÷ 12 ÷ 100), and n is total months. This matches what virtually every fixed-rate lender uses.

Will the numbers match my bank's calculator?+

They should match to within a few cents. Banks sometimes round slightly differently or include fees in the principal. The math itself is universal.

Why is so much of my early EMI going to interest?+

Because the interest is computed on the remaining balance, and that balance is largest at the start. The amortization schedule shows how the principal/interest split shifts over time — by the end, almost all of each payment is principal.

Can I compute prepayment scenarios?+

Not directly in this tool — the schedule assumes the full tenure with no prepayments. For prepayment modeling, export the CSV and modify the remaining balance manually.

Is my loan data uploaded anywhere?+

No. All calculations are done in your browser.

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Principal vs Interest

Amortization schedule (240 months)

About EMI Calculator

How to use

Examples

Frequently asked questions

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Principal vs Interest

Amortization schedule (240 months)