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Professional Loan
EMI Calculator

Calculate EMI for home, car, personal & education loans. View amortization schedule, prepayment savings, compare loans & visualize payments — all in your browser, 100% private.

✦ Amortization Schedule ✦ Prepayment Analysis ✦ Loan Comparison ✦ Interactive Charts
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Monthly EMI
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Total Interest
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Total Payment
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Processing Fee
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📊 Payment Breakdown
Principal Interest
📉 Yearly Principal vs Interest
Principal Interest
📈 Outstanding Balance Over Time

ℹ️ Calculate EMI first, then view the full amortization schedule here.

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📋 Amortization Schedule
# EMI Principal Interest Balance Cumulative Interest Loan Paid %

💳 See how prepayment reduces your interest burden and loan tenure.

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⚖️ Compare up to 3 loan options side by side to find the best deal.

Loan A
Loan B
Loan C

🎯 Find out how much loan you can afford based on your monthly budget.

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⚡ Features

Advanced Loan EMI Calculation

Professional-grade tools for precise loan analysis in your browser.

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EMI Calculation

Accurate EMI using standard formula with support for arrears & advance EMI types, processing fees, and moratorium periods.

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Amortization Schedule

Complete month-by-month breakdown showing principal, interest, balance, cumulative interest & loan paid percentage. Export as CSV.

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Prepayment Analysis

See how one-time, monthly, or yearly prepayments save interest. Choose between reducing tenure or reducing EMI.

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Loan Comparison

Compare up to 3 loan options side by side — different rates, amounts, or tenures. Find the best deal instantly.

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Affordability Check

Find out how much loan you can afford based on your monthly income and EMI budget. Plan finances smartly.

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100% Private

All calculations happen locally in your browser. Your financial data never leaves your device — zero data collection.

❓ FAQ

Frequently Asked Questions

EMI is calculated using the standard formula: EMI = P × r × (1+r)n / ((1+r)n - 1), where P = Principal loan amount, r = Monthly interest rate (Annual rate ÷ 12 ÷ 100), and n = Total number of monthly installments (Years × 12). This formula ensures 100% accuracy for reducing balance loans.
An amortization schedule is a detailed table showing each monthly payment broken into principal and interest components. It also shows the remaining balance after each payment, cumulative interest paid, and the percentage of loan repaid. It helps you understand how your loan decreases over time.
Prepayment reduces the outstanding principal. Since interest is calculated on the remaining balance, a lower principal means less interest accrues. You can choose to either keep the same EMI and finish the loan earlier (reduce tenure), or lower your EMI while keeping the same end date (reduce EMI).
Arrears (End of Month): You pay EMI at the end of each month after interest has accrued. This is the most common type. Advance (Start of Month): You pay EMI at the beginning of each month before interest accrues. The first EMI is paid upfront and contains only principal (no interest for that month).
A moratorium period (also called holiday period) is a time during which you don't pay EMI. Interest continues to accrue during this period and is added to the principal. EMI payments start after the moratorium ends. This is common in education loans and some home loans during construction.
Financial experts recommend that your total EMI should not exceed 40% of your monthly income. Use our Affordability Calculator to determine the maximum loan amount you can borrow based on your monthly budget, interest rate, and preferred tenure.