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Loan & EMI Calculator

Work out your monthly EMI, total interest and a full amortization schedule — including the effect of an optional prepayment. No password, and nothing you enter ever leaves your browser.

Aggarwal Abhishek & Co. Self-Assessment Suite

Loan EMI & Amortization Calculator
Educational tool — not a sanction or offer. This calculates EMI using the standard reducing-balance formula from the numbers you enter. Your actual lender's EMI can differ slightly due to day-count conventions, processing fees, insurance add-ons or rounding. Always confirm the final figure from your loan sanction letter.
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Quick details before you begin

This tool is free to use. We just ask for a few contact details first, so our team can follow up if you'd like help planning a loan or its tax treatment. No loan or financial data is ever sent to us — only the contact details below, and only if you choose to submit them.

We collect only the contact details above — never the loan figures you use inside the tool.

Loan Details
Optional — Extra Yearly Prepayment See how a lump-sum prepayment each year shortens your tenure
Summary
Amortization Schedule
Documents Usually Needed for a Loan Application

A general list — your lender's exact requirements vary by loan type and applicant category. Nothing here is saved or sent anywhere.

    Want a CA to check this for you?

    If you are comparing loan offers or want to know how the interest is treated for tax, we can look at your numbers with you.

    Message us on WhatsApp Or use the contact page
    Disclaimer: This is a self-help planning aid, not a loan sanction, offer or advice. EMI, interest and prepayment figures are computed using the standard reducing-balance method and may differ from your actual lender's calculation due to day-count conventions, fees, insurance, or rate resets (for floating-rate loans). Aggarwal Abhishek & Co. does not certify these figures for your specific case — please verify against your loan sanction letter before relying on them.

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    Frequently asked questions

    Is the Loan EMI Calculator free to use?

    Yes. The tool is free to use online and you do not need to create an account.

    Can I rely on the result for filing or decisions?

    The result is an estimate based on the figures you enter and the rules built into the tool. Please have important figures checked by a qualified Chartered Accountant before you file or decide.

    Who built this tool?

    It was built by Aggarwal Abhishek & Co., a Chartered Accountancy firm serving clients across India. You can contact us from the Contact page for help with your own case.