Our free EMI Calculator helps you calculate monthly loan instalments for home loans, car loans, personal loans, and education loans in seconds. Enter the loan amount, annual interest rate, and tenure in years or months to see your exact EMI, total interest payable, and total repayment amount instantly.
The calculator uses the standard reducing-balance EMI formula used by Indian banks including SBI, HDFC, ICICI, Axis, and NBFCs. Adjust loan amount or tenure to compare scenarios before applying — useful when planning a home purchase in Mumbai, Bangalore, or tier-2 cities, or when evaluating pre-approved personal loan offers.
Everything runs client-side in your browser. Your loan details are never uploaded to any server, so salary, credit, and financial planning data stay completely private on your device. No signup, no ads interrupting results, and no data stored anywhere.