Loan / EMI Calculator
Monthly payment
659.96
Total interest
58,389.38
Total repayment
158,389.38
Principal (63.1%)Interest (36.9%)
240 months (20 years)
Disclaimer — estimates only
This calculator provides approximate estimates for informational purposes only. It does not account for fees, insurance, variable rates, or other charges. Actual loan terms may differ significantly. Always consult a qualified financial advisor or your lender before making borrowing decisions.
How to use Loan / EMI Calculator
Enter the loan amount, annual interest rate, and term in years. See monthly payment, total interest, and full amortization schedule.
Features
- Monthly payment (EMI) calculation
- Total interest and repayment
- Visual principal vs interest bar
- Full amortization schedule
- Works for any fixed-rate loan
- Legal disclaimer included
Frequently Asked Questions
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P = principal, r = monthly rate, n = total months.
Does it include fees?
No. Only principal and interest. Consult your lender for full costs.
Can I use it for mortgages?
Yes. It works for any fixed-rate loan.