Loan Details
EMI Results
₹0
Monthly EMI
₹0
Total Interest
₹0
Total Payment
₹0
Principal
0%
Interest % of Total
0
Tenure (Months)
Principal: 0%
Interest: 0%
Amortization Schedule
Enter loan details and click "Calculate EMI" to generate the amortization schedule.
Loan Comparison
Loan A (Current)
Monthly EMI
₹0
Total Interest
₹0
Total Payment
₹0
Loan B (Compare)
Monthly EMI
₹0
Total Interest
₹0
Total Payment
₹0
Difference: ₹0
Prepayment Calculator
Current EMI
₹0
New EMI
₹0
Interest Saved
₹0
Months Saved
0
Original Tenure
0
New Tenure
0
Reverse EMI Calculator
Maximum Loan Amount: ₹0
Calculation History
(Local Storage)
No history yet.
Formula & How EMI is Calculated
EMI Formula (Reducing Balance):
EMI = P × r × (1+r)n / ((1+r)n − 1)
Where:
• P = Loan Principal
• r = Monthly Interest Rate = Annual Rate / 12 / 100
• n = Total Number of Monthly Installments
Note: This calculator uses the standard reducing-balance method used by most banks and financial institutions.
Privacy: Your financial data is processed locally in your browser. We do not upload your data to any server.
Disclaimer: Calculator results are estimates for informational purposes. Actual EMI, interest, fees and repayment terms may vary according to the lender's terms and calculation method.
Features
- EMI calculation with reducing-balance method
- Amortization schedule (monthly/yearly)
- Prepayment calculator (reduce tenure/EMI)
- Loan comparison
- Reverse EMI calculator
- Processing fee and other charges
- Pie chart visualization
- Copy, share, print results
- Download CSV and TXT schedule
- Calculation history (local storage)
- 100% local, no data upload