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EMI Calculator

Monthly instalment, total interest and total payment for any loan.

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How to use

Enter the loan amount, annual interest rate and tenure in months. The bar shows how much of your total payment is principal vs interest.

Does this include fees or taxes?

No — it calculates the standard reducing-balance EMI only. Banks may add processing fees; check your loan offer for the full cost.

About the EMI Calculator

EMI Calculator is a free online tool from Daily Tools, made for everyday use in the United States, the United Kingdom, Canada, the UAE and everywhere else. Monthly loan instalment, total interest and total payment. Like every tool on this site, it runs entirely in your browser: there is no sign-up, nothing you type or upload is sent to a server, and it works the same on a phone, tablet or desktop. Bookmark this page to come straight back to the EMI Calculator whenever you need it.

Questions or a wrong result? Email bingeul29@gmail.com with the tool name and what you entered.