Borrowing Tool
Loan Estimator
Plan your payments with precision. Calculate Equated Monthly Installments (EMI), total interest, and full repayment schedules for homes, cars, or personal loans.
Monthly Payment (EMI)
$0.00
Fixed payment per month for 360 installments
Total Interest
$0
Paid over the course of 30 years
Total Repayment
$0
Principal + Interest
Need a breakdown?
Copy the full loan summary to your clipboard for your records.
How to Use Professional Loan & EMI Calculator
- 1Enter the total 'Loan Amount' you intend to borrow.
- 2Input the annual 'Interest Rate' offered by your lender.
- 3Specify the 'Loan Term' in years to spread out your repayments.
- 4Review your 'Monthly Payment (EMI)' and 'Total Interest' calculated instantly below.
- 5Use 'Copy Summary' to save the financial projection for comparison with bank quotes.
Key Features
- Precise EMI Engine: Uses the standard reducing balance method for accurate amortization.
- Real-time Updates: See how varying interest rates or terms affect your monthly budget instantly.
- Total Cost Awareness: Clearly separates principal from total interest paid over the life of the loan.
- Zero-Data Retention: Financial details are processed only in your browser for absolute privacy.
- Mobile Ready: Fully responsive interface for loan research on the go.