Loan EMI & Amortization Calculator
Estimate your monthly payment, interest liability, and year-by-year payoff schedule for home, auto, or personal financing.
Loan Parameters
Repayment Summary
Annual Amortization Schedule
| Year | Principal Paid | Interest Paid | Total Payment | Remaining Balance |
|---|---|---|---|---|
| Year 1 | $9,378 | $18,432 | $27,810 | $240,622 |
| Year 2 | $10,106 | $17,704 | $27,810 | $230,515 |
| Year 3 | $10,891 | $16,919 | $27,810 | $219,624 |
| Year 4 | $11,737 | $16,074 | $27,810 | $207,887 |
| Year 5 | $12,648 | $15,163 | $27,810 | $195,240 |
| Year 6 | $13,630 | $14,181 | $27,810 | $181,610 |
| Year 7 | $14,688 | $13,123 | $27,810 | $166,923 |
| Year 8 | $15,828 | $11,982 | $27,810 | $151,095 |
| Year 9 | $17,057 | $10,754 | $27,810 | $134,038 |
| Year 10 | $18,381 | $9,430 | $27,810 | $115,657 |
| Year 11 | $19,808 | $8,003 | $27,810 | $95,849 |
| Year 12 | $21,346 | $6,465 | $27,810 | $74,504 |
| Year 13 | $23,003 | $4,808 | $27,810 | $51,501 |
| Year 14 | $24,788 | $3,022 | $27,810 | $26,713 |
| Year 15 | $26,713 | $1,098 | $27,810 | $0 |
Key Features
How to Calculate Loan EMI
- Open the tool in your browser.
- Enter your values, paste your text, or upload your file.
- Review results in real time or configure desired options.
- Copy output or download generated results instantly.
Frequently Asked Questions
How do I calculate my monthly EMI?
Enter your loan amount, annual interest rate, and loan tenure (in years or months), and the calculator instantly shows your monthly EMI, total interest payable, and total repayment amount.
What is an amortization schedule?
An amortization schedule breaks down each monthly payment into principal and interest components over the entire loan tenure, showing exactly how your outstanding balance decreases over time.
How much total interest will I pay on my loan?
The calculator shows your total interest payable over the full loan tenure, along with a pie chart breakdown comparing total principal versus total interest.
Can I calculate EMI for both years and months tenure?
Yes, switch between entering your loan tenure in years or months, and the calculation adjusts automatically.
Is this EMI calculator accurate for home, car, or personal loans?
Yes, the standard EMI formula used applies to any fixed-rate loan type, including home loans, car loans, and personal loans.
Is this loan calculator free and does it store my financial data?
Yes, it’s completely free, and all calculations happen locally in your browser — your loan amount and financial details are never sent to or stored on a server.