How is EMI calculated?
EMI uses the standard reducing-balance formula on your principal, annual interest rate, and tenure in months. Our EMI calculator shows the full schedule.
Loan & EMI Calculators
Plan any loan before you sign. Use our EMI and home loan calculators to see monthly payments, total interest, and how extra prepayments change your payoff date.
Start here
- Credit Card vs Personal Loan Calculator
Compare paying off a credit card balance vs taking a personal loan at a lower rate — total interest and payoff time.
- Flat vs Reducing Rate Calculator
Compare flat-rate vs reducing-balance loan interest — see EMI, total interest, and how much flat-rate loans really cost.
- 15 vs 20 vs 30 Year Home Loan Calculator
Compare EMI, total interest, and total payment for 15, 20, and 30-year home loan tenures on the same loan amount.
- Prepay Loan vs Invest (SIP) Calculator
Should you prepay your home loan or invest the lump sum in mutual funds? Compare interest saved vs investment returns.
- EMI Calculator
Calculate your Equated Monthly Installment for any loan amount, interest rate, and tenure.
- Mortgage Refinance Calculator
Compare current mortgage vs refinanced loan to see savings and break-even point.
- Debt Payoff Calculator
Plan debt elimination with extra payments and see interest savings.
- Credit Card Payoff Calculator
See how long it takes to pay off credit card debt and total interest paid.
- Home Loan Calculator
Plan your home purchase with accurate EMI, interest, and amortization breakdown.
More calculators
- Personal Loan Calculator
Estimate EMI and total cost for unsecured personal loans.
- Car Loan Calculator
Calculate car loan EMI and total financing cost for your new or used vehicle.
- Bike Loan Calculator
Calculate two-wheeler loan EMI and total financing cost for your new or used bike or scooter.
- Mortgage Calculator
Comprehensive mortgage calculator with property tax and insurance estimates.
- Gold Loan Calculator
Estimate gold loan eligibility from ornament weight, stone deduction, and purity — then calculate EMI at your gold loan interest rate.
- Loan Calculator
Calculate monthly loan payments, total interest, and amortization for any loan amount and term.
Common questions
Each question is answered directly below. Expand any item for the full response.
Should I prepay my loan or invest?
It depends on your loan rate vs expected investment return and your risk comfort. Try our prepay vs SIP calculator to compare both paths.