How to use the EMI Calculator in a few steps
Need to crunch some numbers? The EMI Calculator can do it in under a minute. Follow these steps.
Step 1: Enter your loan amount
Type or slide to set the amount you plan to borrow (home, car, or personal loan).
Step 2: Set the annual interest rate
Enter the annual interest rate quoted by your bank, e.g. 8.5% for many home loans.
Step 3: Choose a tenure
Pick the loan term in years or months. A longer tenure lowers the EMI but raises total interest.
The amortization schedule updates live as you adjust each field, so you can compare scenarios in seconds.
Reading the result
- Preview the monthly EMI and the split into interest and principal
- Scroll the year-by-year schedule to watch the outstanding balance fall
- Adjust any input to compare tenures and down-payments
What you need to get started
Only a modern browser (Chrome, Firefox, Safari, or Edge). There is nothing to install and no account to create.
Verdict
With EMI Calculator you can skip spreadsheets and formulas. Enter three numbers and compare repayment plans in seconds.