Loan / EMI Calculator
Calculate monthly loan EMI, total interest and total payment online, free. For home, car and personal loans.
How to use Loan / EMI Calculator
- Enter the loan amount.
- Enter the annual interest rate and tenure in months.
- See your monthly EMI, total interest and total payment.
About Loan / EMI Calculator
Loan / EMI Calculator is a free Becoderr tool. It needs no sign-up, runs fast and privately, and works right in your browser for most tasks. For the few server-based tools, your files are processed in memory and discarded immediately after the operation.
Frequently asked questions
What is EMI?
Equated Monthly Instalment, the fixed amount you pay each month, covering both principal and interest.
How is EMI calculated?
EMI = P·r·(1+r)^n ÷ ((1+r)^n − 1), where r is the monthly rate and n the number of months.
Is this tool free to use?
Yes. Every tool on Becoderr is completely free with no sign-up required. Signed-in users get higher file-size limits.
Are my files safe?
Yes. Browser-based tools process files entirely on your device; nothing is uploaded. Server-based tools process files in memory and discard them immediately after the operation.
Is there a file size limit?
Server-based tools accept up to 5 MB for anonymous users and 50 MB when signed in. Browser-based tools are limited only by your device.