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Loan / EMI Calculator
Estimate monthly payments, total interest and payoff for any loan.
Loan amount
Annual interest rate (%)
Term (years)
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Estimate your monthly payment on any loan with this free online loan / EMI calculator. Enter the amount, interest rate and term to see your monthly payment, total interest and total amount repaid, great for car loans, personal loans and mortgages.
How to use the loan / emi calculator
- Enter the loan amount.
- Enter the annual interest rate and the term in years.
- Read your monthly payment, total interest and total repaid.
Why use ToolOtter's Loan / EMI Calculator?
- Monthly payment (EMI)
- Total interest shown
- Total repaid shown
- Updates live as you type
Loan / EMI Calculator, frequently asked questions
How is my monthly loan payment calculated?
It uses the standard EMI formula based on your loan amount, monthly interest rate and number of months, so you see a realistic payment.
What loans can I use this for?
Any fixed-rate loan, car loans, personal loans, student loans or mortgages.
Does it show total interest paid?
Yes. Along with the monthly payment, it shows the total interest and the total amount you will repay.
Is my financial data private?
Completely. Nothing is uploaded, the calculation runs in your browser.
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