Loan & EMI Calculator

Calculate monthly loan payments, total interest, and view the full amortization schedule.

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Loan & EMI Calculator

Enter loan details

Results

Updates live as you type

Monthly payment
$1,580.17
Total interest
$318,861.22
Total paid
$568,861.22
Number of payments
360

Amortization schedule

#PaymentPrincipalInterestBalance
1$1,580.17$226.00$1,354.17$249,774.00
2$1,580.17$227.23$1,352.94$249,546.77
3$1,580.17$228.46$1,351.71$249,318.31
4$1,580.17$229.70$1,350.47$249,088.61
5$1,580.17$230.94$1,349.23$248,857.67
6$1,580.17$232.19$1,347.98$248,625.48
7$1,580.17$233.45$1,346.72$248,392.04
8$1,580.17$234.71$1,345.46$248,157.32
9$1,580.17$235.98$1,344.19$247,921.34
10$1,580.17$237.26$1,342.91$247,684.07
11$1,580.17$238.55$1,341.62$247,445.53
12$1,580.17$239.84$1,340.33$247,205.69

About the Loan & EMI Calculator

Enter a loan principal, annual interest rate, and term to calculate the monthly EMI payment, total interest paid, and total amount repaid, complete with a month-by-month amortization schedule.

Examples

$250,000 at 6.5% for 30 years

P=250000, r=6.5%, t=30y

Output

EMI ≈ $1,580.17

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Frequently asked questions

Version 1.0.0 · Updated 2026-08-06 · Runs entirely in your browser