Loan EMI Calculator
Calculate your monthly loan EMI, total interest and total payment with an amortization schedule.
About the Loan EMI Calculator
EMI (Equated Monthly Installment) is the fixed amount you pay every month to repay a loan. It is calculated with the formula EMI = P × r × (1+r)n / ((1+r)n − 1), where P is the loan amount, r the monthly interest rate and n the number of months. Use it for home, car, bike, personal and business loans.
Frequently asked questions
Is the Loan EMI Calculator free?
Yes. The Loan EMI Calculator on Apex Tool Station is 100% free with no signup and no watermark. Browser tools have no usage limits.
Are my files or data uploaded to a server?
No. Everything runs locally in your browser using JavaScript. Your files and text never leave your device, which makes it safe for private documents.
Does it work on mobile?
Yes. The tool works on any modern browser on Android, iPhone, Windows, Mac and Linux.