How to use emi calculator
- Enter the principal, annual interest rate and number of months.
- Optionally enter a one-time extra repayment and the month it is paid, then calculate.
- Review the payment summary, prepayment savings and balance chart. Open the monthly schedule or download its CSV.
A simple example
A zero-interest loan of ₹12,000 for 12 months costs ₹1,000 per month.
What to keep in mind
Fixed interest, monthly payments and no fees are assumed. Choose an unrounded estimate or monthly paise rounding; the final payment clears the balance. A one-time prepayment is applied after the selected payment. Compare up to five calculations in this tab. Lender fees and day-count rules can differ.
Good questions. Clear answers.
Does my text leave the device?
No. This tool processes text in your browser and does not retain it.
Can I undo a change?
Your original input stays in the input editor. The result appears separately.