Calculate your monthly EMI and view a full payment schedule for any loan.
Results are estimates for information only, not financial or tax advice.
How it works
EMI = P x r x (1+r)^n / ((1+r)^n - 1), where P is the loan amount, r the monthly rate (annual / 12) and n the number of months. Interest each month = balance x r.
Frequently asked questions
Does this work for mortgages and auto loans?
Yes, for any fixed-rate amortizing loan. Taxes and insurance are not included.
How can I pay less interest?
A shorter term or extra principal payments reduce total interest.
Can I export the schedule?
Yes, use Download CSV.