Finance
Loan / EMI Calculator
Enter a loan amount, interest rate and term to see your monthly payment (EMI), total interest paid and total cost — with the amortisation formula shown.
Examples
Input
$10,000 · 8% · 3 yrs
Output
≈ $313/mo · $1,281 interest
How to use Loan / EMI Calculator
Enter the amount
Type the principal you plan to borrow.
Add rate & term
Annual interest rate and number of months or years.
Review
See monthly payment, total interest and total repayable.
Why use this tool
Monthly EMI
Total interest and cost
Shows the formula
Instant
Frequently asked questions
Equated Monthly Instalment — a fixed payment combining principal and interest so the loan is fully repaid by the end of the term.
Discussion
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