EMI Calculator

EMI Calculator for Personal Loan, Home Loan and Car Loan in India

How to Use EMI Calculator?

With colourful charts and instant results, our EMI Calculator is easy to use, intuitive to understand and is quick to perform. You can calculate EMI for home loan, car loan, personal loan, education loan or any other fully amortizing loan using this calculator.

Enter the following information in the EMI Calculator:

  - Principal loan amount you wish to avail (rupees)
  - Loan term (months or years)
  - Rate of interest (percentage)
  - EMI in advance OR EMI in arrears (for car loan only)

Use the slider to adjust the values in the EMI calculator form. If you need to enter more precise values, you can type the values directly in the relevant boxes provided above. As soon as the values are changed using the slider (or hit the 'tab' key after entering the values directly in the input fields), EMI calculator will re-calculate your monthly payment (EMI) amount.

A pie chart depicting the break-up of total payment (i.e., total principal vs. total interest payable) is also displayed. It displays the percentage of total interest versus principal amount in the sum total of all payments made against the loan. The payment schedule table showing payments made every month / year for the entire loan duration is displayed along with a chart showing interest and principal components paid each year. A portion of each payment is for the interest while the remaining amount is applied towards the principal balance. During initial loan period, a large portion of each payment is devoted to interest. With passage of time, larger portions pay down the principal. The payment schedule also shows the intermediate outstanding balance for each year which will be carried over to the next year.

Policy for Use of Emi Calculator

1. All the data is safe and secure
2. Ovdss is never responsible to any unwanted activity make by user.
3. Adhere to all local, state, and federal laws while using the tool.
4. Engage respectfully with other users; no harassment, bullying, or hate speech.
5. Respect copyright and intellectual property rights; do not share unauthorized content.
6. Report any bugs, violations, or inappropriate behavior using the feedback option in this page.
7. Contributions (reviews, comments, etc.) should be honest and constructive.
8. Ensure your device meets this tool minimum requirements for optimal performance.
9. Respect and protect the privacy of other users; do not share personal information without consent.
10. Minors or people below 13 years old are not allowed to use this tool.
11. Restriction on using this tool in violation of applicable laws and regulations, or in any manner that may cause harm to any person, or any business entity.
These points help in creating a safe, respectful, and efficient environment for all users of the tool.