EMI Calculator
Know your monthly loan instalment and total interest in seconds.
Under 30 seconds
Open Calculator4 calculators in this category
Loan Calculators
Borrowing is the single biggest financial commitment most households make, and small differences in rate or tenure change lakhs of rupees over the life of a loan. CalPaisa's loan calculators let you test those differences before you sign anything. Work out the monthly instalment on a home, car, personal or business loan, see exactly how much of every payment goes to interest, and check what a prepayment or a shorter tenure would save you. Each tool updates as you type, shows a year-by-year repayment schedule, and explains the formula behind the number so you can verify it yourself. Use them to compare offers from different lenders, to plan a realistic budget around an EMI, or simply to understand a sanction letter before you accept it.
Featured loan calculators
Free, instant and mobile-friendly. Pick a tool and start with your own numbers.
Home Loan Calculator
Calculate home loan EMI, total interest and the year-wise schedule.
Under 30 seconds
Open CalculatorPersonal Loan Calculator
Calculate personal loan EMI, total interest and total repayment.
Under 30 seconds
Open CalculatorCar Loan Calculator
Calculate car loan EMI after your down payment, with total interest.
Under 30 seconds
Open CalculatorAbout loan calculators
What this category covers, who it is for, and where it helps most.
What loan calculators do
A loan calculator applies the standard reducing-balance formula to your principal, interest rate and tenure to produce the monthly instalment, total interest and total amount payable. Alongside the headline number, CalPaisa breaks the repayment into principal and interest so you can see how the split shifts across the years.
Who should use them
First-time home buyers comparing sanction offers, salaried borrowers checking whether an EMI fits their monthly budget, self-employed borrowers modelling irregular income, and anyone weighing a prepayment against keeping cash invested.
Benefits
You get an accurate, lender-neutral number in seconds, a clear view of the true cost of borrowing, and a repayment schedule you can plan around — without sharing personal details or waiting for a bank to call you back.
Common use cases
- Compare EMIs across two or more lender offers
- Check how a 0.25% rate change affects total interest
- Decide between a 15-year and a 20-year home loan tenure
- Estimate interest saved by a lump-sum prepayment
- Size a loan that fits a comfortable monthly budget
Popular guides
Short, practical reads that explain the decisions behind these numbers.
6 min read
EMI or prepayment: which saves you more interest?
A practical framework for deciding between a longer tenure, a higher EMI and putting spare cash into prepayment.
Read guide7 min read
Fixed vs floating rates in a changing rate cycle
How repo-linked lending rates reset, and when paying a premium for a fixed rate is actually worth it.
Read guideFrequently asked questions
Common questions about loan calculators.
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