USEFUL TOOLS. LESS HASSLE.Monthly Payment
See your EMI instantly from amount, annual rate and term.
CALCULATOR / LOANS
Free Loan EMI Calculator
Work out your monthly loan payment (EMI), total interest and total cost. See a full month-by-month amortization schedule and download it as a CSV file.
Works for mortgages, car loans and personal loans with a fixed rate. Everything runs privately in your browser.
✓ Free to use · No signup required · Processed in your browser
Loan EMI Calculator workspace
ENTER AMOUNT, RATE AND TERM · CALCULATE · SEE THE SCHEDULE
Enter a loan amount, rate and term to see your monthly payment.
Monthly payment (EMI)
Total interest—
Total payment—
Number of payments—
Interest share—
| # | Payment | Principal | Interest | Balance |
|---|
Results are estimates for a fixed-rate loan with equal monthly payments. Real loans may add fees, insurance or a different way of calculating interest, so check with your lender.
LOAN EMI WORKSPACEMOSANKIT / CALCULATORS
THE BASICS
What Is an EMI?
An EMI (equated monthly instalment) is the fixed amount you pay your lender each month until a loan is repaid. Each payment covers the interest for that month plus part of the original amount you borrowed.
Early payments are mostly interest; over time more of each payment goes toward the principal. An amortization schedule shows exactly how that split changes every month.
BUILT FOR THE JOB
Key Features of MoSanKit Loan EMI Calculator
Total Interest and Cost
Know the true cost of borrowing, not just the monthly figure.
Full Amortization Schedule
Month-by-month principal, interest and remaining balance.
Download as CSV
Export the schedule for a spreadsheet.
Years or Months
Enter the term in whichever is easier.
Private by Design
Your numbers never leave your browser.
QUICK AND SIMPLE
How to Calculate Your EMI
01 / AMOUNT
Enter the loan amount
The total you plan to borrow.
02 / RATE
Enter the interest rate
The annual rate as a percentage.
03 / TERM
Enter the term
In years or months.
04 / REVIEW
Review and download
See your EMI, total interest and the schedule.
MADE FOR EVERYDAY WORK
Who Can Use This Tool?
Home BuyersCompare mortgage options.
Car BuyersCheck what a car loan really costs.
BorrowersPlan monthly budgets before applying.
StudentsUnderstand loan repayment.
Financial PlannersIllustrate repayment for clients.
Small BusinessesEstimate equipment financing.
GOOD TO KNOW
A few things, answered.
Quick answers about using the MoSanKit Loan EMI Calculator.
EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly payments.
Yes. With a 0% rate the loan is simply divided into equal payments.
Interest is charged on the outstanding balance, which is highest at the start. As the balance falls, more of each payment reduces the principal.
No. It covers principal and interest only. Processing fees, insurance and other charges would add to the real cost.
It may differ slightly if the lender compounds interest differently, uses daily balances or adjusts for the number of days in each month. Always rely on the lender's official quote.
No. Calculations happen in your browser and nothing is saved or sent.
KEEP BUILDING
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