Don's Tools · Calculators · Loan & EMI Calculator

Loan & EMI calculator

Find your monthly payment, total interest and a yearly breakdown, right in your browser.

Loan amount
Annual interest %
Term
 
Monthly payment (EMI)
0
Number of payments0
Total interest0
Total paid0
Yearly breakdown
Good to know: It uses standard reducing-balance EMI maths.
Loan and EMI Calculator works out your monthly payment, total interest and total cost using the standard reducing-balance EMI formula, entirely in your browser with nothing uploaded. Enter the loan amount, annual interest rate and term in years or months, and see a yearly breakdown of principal, interest and remaining balance.

Files are processed in your browser and never uploaded.

How to use Loan & EMI calculator

  1. Enter your figures

    Fill in Loan amount, Annual interest % and Term. Values you change are used straight away, with no submit button.

  2. Read the results

    The totals and the breakdown below them update as soon as a value changes.

  3. Start over any time

    Nothing is saved on a server, so reloading the page clears everything.

What this tool does

Monthly payment (EMI)

The monthly payment is the standard EMI calculation, so the figure matches what a bank would quote for the same three inputs.

Total interest and total cost

Total interest and total cost are shown next to the payment, which is the part that turns a cheap-looking monthly figure into a real decision.

Term in years or months

The term can be entered in years or in months, so a 30-month loan does not have to be converted first.

Yearly amortization breakdown

The yearly breakdown shows how much of each year goes to principal and how much to interest, and how the balance falls.

Private, works offline

Nothing you enter is uploaded. The calculation runs in your browser and the page works with no connection.

Frequently asked questions

How is the monthly payment calculated?

It uses the standard reducing-balance EMI formula, where each payment covers the interest on the remaining balance plus part of the principal, so the balance falls to zero over the term.

Is my financial data uploaded?

No. Everything is calculated in your browser with nothing uploaded, so your figures stay private.

Does it include fees or insurance?

No. It calculates principal and interest only. Real loans may add processing fees, insurance or taxes, so treat the result as an estimate and check your lender's figures.

Can I enter the term in months?

Yes. Switch between years and months, and the number of payments updates accordingly.

What does the yearly breakdown show?

For each year it shows how much went to principal, how much to interest, and the remaining balance, so you can see how the loan reduces over time.

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