Free Loan Calculator — EMI, Interest & Amortization
Calculate your monthly loan EMI, total interest and a full amortization schedule for home, car, personal or education loans — instant, private, free.
How to use the Loan Calculator
- Enter Loan Amount: Go to fixflowhub.com/loan-calculator and enter your loan amount
- Set Interest Rate: Enter the annual interest rate
- Set Tenure: Enter the loan tenure in months or years
- View Results: See your monthly EMI, total interest, and total payment instantly
Frequently Asked Questions
How to calculate loan EMI?
Go to fixflowhub.com/loan-calculator, enter loan amount, interest rate, and tenure. Get exact monthly EMI calculated instantly. Free, no sign-up.
What is the EMI formula?
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the principal loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the number of monthly installments.
Does a longer loan tenure reduce my EMI?
Yes — a longer tenure spreads repayment over more months, lowering the monthly EMI. However, it significantly increases the total interest paid over the life of the loan compared to a shorter tenure.
Can I see a full month-by-month repayment schedule?
Yes. FixFlowHub's loan calculator generates a complete amortization schedule showing the principal and interest portion of every monthly payment, so you can see exactly how your balance decreases over time.
Does prepaying my loan reduce total interest?
Yes — any extra payment toward the principal reduces the outstanding balance immediately, which lowers the interest charged on future installments and can shorten your loan tenure significantly.