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Loan & EMI Calculator — Monthly Payment

Monthly payment (EMI), total interest and total repaid for a fixed-rate loan or mortgage. Client-side.

Free No signup Client-side Privacy friendly Updated

How to use

  1. 1 Enter the loan amount, annual interest rate and term in years.
  2. 2 See your fixed monthly payment (EMI).
  3. 3 The total interest and total repaid are shown too.

Why use this tool

  • Compute the monthly payment for any fixed-rate loan or mortgage.
  • See exactly how much of the repayment is interest.
  • Runs entirely in your browser.

Frequently asked questions

What is EMI?

Equated Monthly Installment — the fixed amount you pay each month on a loan, covering both principal and interest.

How is the monthly payment calculated?

EMI = P·i·(1+i)ⁿ / ((1+i)ⁿ − 1), where P is the principal, i the monthly interest rate (annual ÷ 12), and n the number of months.

Does this work for mortgages and car loans?

Yes — any fixed-rate, fully-amortizing loan with equal monthly payments.

Does it include fees or insurance?

No — it covers principal and interest only. Add taxes, insurance and fees separately.

What is Loan / EMI Calculator?

A loan / EMI calculator computes the fixed monthly payment (Equated Monthly Installment) of an amortizing loan from the amount, annual interest rate and term, along with total interest and total repayment.

Features

Monthly installment

Standard EMI formula from principal, rate, and number of months.

Total & interest

Shows the total repayment and how much of it is interest.

Free & private

Runs on your device — nothing is uploaded.

Example

Input

$20,000 at 7.5%/yr for 5 years

Output

EMI ≈ $400.76/mo · total ≈ $24,045.54

Common use cases

  1. 1

    Plan a loan

    See the monthly payment before taking a car, home, or personal loan.

  2. 2

    Compare terms

    Check how rate and tenure change the EMI and total interest.

  3. 3

    Budget repayments

    Fit a loan's monthly cost into your budget.

Summary

Zerethon's loan / EMI calculator computes the equated monthly installment for a loan from the principal, annual interest rate, and term, and shows the total amount and total interest paid, in your browser. Everything runs client-side — nothing is uploaded.

Category
Finance
Pricing
Free
Privacy
Browser-based
Signup
Not required

References

Privacy

Your data never leaves your browser unless explicitly stated. Loan / EMI Calculator runs entirely client-side — no server upload, no logging, no tracking of your input.

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