Is my data sent anywhere?

No — all calculations run instantly in your browser using JavaScript.

EMI (Equated Monthly Instalment) is the fixed monthly amount you pay to repay a loan, including both principal and interest.

What formula is used?

EMI = [P × r × (1+r)^n] / [(1+r)^n - 1], where P is the principal, r is the monthly interest rate, and n is the number of months.

Can I calculate for home loans, car loans, and personal loans?

Yes — the calculator works for any fixed-rate loan: home, car, personal, education, or business loans.

What does the amortization schedule show?

The schedule shows month-by-month breakdown of principal paid, interest paid, and remaining balance for the entire loan tenure.

Does it support prepayment calculation?

Basic EMI calculation is supported. Advanced prepayment scenarios are on the roadmap.

EMI Calculator

Calculate monthly loan instalments — instantly, in your browser

Loan Amount (₹)

₹10K₹1Cr

Interest Rate (% p.a.)

1%36%

Tenure (Months)

6 mo360 mo

Monthly EMI

₹10,258.27

Total Payment

₹6,15,496

Total Interest

₹1,15,496

Principal 81%Interest 19%

Principal ₹5,00,000Interest ₹1,15,496

How It Works

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Enter Loan Details

Principal amount, annual interest rate, and tenure in months

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Get EMI

Monthly EMI, total interest, and amortization schedule instantly

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Plan Your Loan

Compare scenarios by adjusting values

Why EaseToolz?

🔒 Files stay on your device — 100% private

⚡ Instant results — no waiting

🆓 Completely free — no hidden fees

📵 No signup — no account needed

🚫 No watermark — clean output every time

📱 Works on any device including mobile

Calculate your Equated Monthly Instalment (EMI) for any loan instantly. Enter the loan amount, annual interest rate, and tenure in months to get your monthly EMI, total interest payable, and total payment amount. EaseToolz's EMI Calculator uses the standard financial formula: EMI = [P × r × (1+r)^n] / [(1+r)^n - 1]. The visual breakdown chart shows exactly how much of your payment goes toward principal versus interest over the loan term. The amortization schedule reveals month-by-month details of every payment. All calculations happen in your browser — no data is sent to any server. Perfect for planning home loans, car loans, personal loans, and education loans. Compare different loan scenarios by adjusting the inputs to find the optimal balance between loan amount, interest rate, and tenure for your budget.