Loan Calculator
Enter your loan details below. Everything updates live and stays on your device.
Free online loan & EMI calculator
This loan calculator helps you estimate the monthly payment (EMI) on a mortgage, car loan, personal loan or student loan. Just enter how much you want to borrow, the annual interest rate and the term, and it instantly shows your monthly payment, the total interest you'll pay over the life of the loan and the total amount repaid. It uses the standard amortization formula that most lenders rely on, assuming a fixed rate and equal monthly repayments.
Your numbers stay private
Every calculation runs directly in your browser — nothing you type is uploaded or stored anywhere. Keep in mind that the figures shown are an estimate for planning purposes only and are not financial advice. Your lender's actual quote may differ once fees, taxes, insurance and rounding are included, so always confirm the details before committing to a loan.
Frequently asked questions
How is the monthly payment calculated?
We use the standard amortization formula. The annual rate is divided by 12 to get a monthly rate, then applied across the number of months in the term so that the loan is fully paid off by the final payment. For a 0% rate, the amount is simply split evenly across the months.
Are these figures financial advice?
No. The results are an estimate to help you plan and compare options. They assume a fixed interest rate and equal monthly payments, and they exclude fees, insurance and taxes. Always check the official figures from your lender before making a decision.