Know your loan before you sign

Plan your loan with confidence

Calculate your monthly EMI, see exactly where your money goes, and find out how much interest a small prepayment can save.

Instant results Charts & schedule Export CSV Private & free
TechnoYes EMI Calculator · emi.technoyes.com

Loan details

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Your repayment

Monthly EMI
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Total interest
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Total payment
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Loan ends
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Interest saved
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Principal Interest
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Paid each year

PrincipalInterest

Outstanding balance

Hover or tap the chart to see any month

What if the rate changes?

RateEMITotal interestDifference

Repayment schedule

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Why use this EMI calculator

Everything you need to compare loans before you talk to a bank.

Instant & accurate

Results update as you type, using the standard reducing-balance EMI formula banks use.

Prepayment planner

Add an extra monthly amount and see the interest saved and the new loan end date.

Export & share

Download the full schedule as CSV, print it, or share a link that keeps your inputs.

Private

Your numbers never leave your browser. No signup, no tracking of your inputs.

Mobile friendly

Large touch sliders and a layout that works on any phone, tablet or desktop.

Visual breakdown

Charts show how principal and interest change over the life of the loan.

How it works

  1. Pick a loan type
    or enter your own amount, rate and tenure.
  2. Add a prepayment
    optional extra monthly payment to cut interest.
  3. Review & export
    check charts and the schedule, then download or share.

How EMI is calculated

EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly instalments.

In the early years most of each EMI is interest. As the balance falls, more goes toward principal. That is why even a small prepayment early in the loan saves a lot of interest.

Frequently asked questions

What is an EMI?

An Equated Monthly Instalment is the fixed amount you pay your lender each month until the loan is cleared. It covers both principal and interest.

How can I reduce my EMI or total interest?

Choose a longer tenure for a lower EMI, negotiate a lower rate, make a bigger down payment, or prepay part of the principal. A longer tenure lowers the EMI but increases total interest.

How does the extra monthly payment work?

The extra amount is added to every EMI and goes entirely toward principal, so the balance falls faster and the loan ends sooner. Check with your lender for prepayment charges.

Are processing fees and insurance included?

No. Fees, taxes and insurance charged by your lender are not included, so your actual outgo may differ slightly.

Does this work for floating-rate loans?

It assumes a fixed rate for the full tenure. For floating-rate loans the EMI or tenure changes when the rate changes, so treat the result as an estimate.