Calculate your monthly loan repayment (EMI), total interest, and total cost for any amount, rate, and term.
Borrowers comparing mortgages, car loans, and personal loan repayments.
Enter the loan amount
Type the principal you intend to borrow.
Set rate and term
Enter the annual interest rate and the term in years.
Review the breakdown
See your monthly EMI, total interest paid, and total amount payable.
The monthly payment on an amortising loan is not simply the amount divided by the number of months — interest compounds over the term. This calculator uses the standard EMI formula so you can see your true monthly cost and total interest before you borrow.
Mortgages
Estimate monthly home-loan repayments across different rates and terms.
Car & personal loans
Compare offers by seeing the real total cost including interest.
Budgeting
Check whether a prospective repayment fits your monthly budget.
EMI (Equated Monthly Instalment) is the fixed amount you pay each month, covering both principal and interest, until the loan is fully repaid.
Yes. With a 0% rate the payment is simply the principal divided by the number of months.
No. It is an estimate for comparison. Lenders may add fees and use different rounding.