EMI Calculator
Calculate your monthly EMI, total interest, and amortization schedule for loans. Interactive sliders and charts make it simple!
EMI Summary
Amortization Schedule
| Month | Principal (₹) | Interest (₹) | Balance (₹) |
|---|
About WiseBooks EMI Calculator
The WiseBooks EMI Calculator helps you estimate monthly loan payments with accuracy and speed. Whether it’s a home, car, or business loan, this tool simplifies decision-making by showing how interest and principal are distributed over time.
How to Use
- Adjust the sliders for loan amount, rate, and tenure.
- Get instant EMI, interest, and total payment values.
- Review your amortization schedule month by month.
FAQs
1. What is EMI?
EMI stands for Equated Monthly Instalment — a fixed
amount paid
each
month until the loan is fully repaid.
2. How accurate are these results?
They use standard mathematical formulas,
but
final
EMI may vary slightly based on rounding or processing charges.
3. Can I use this for business loans?
Yes! It works for all loan types —
home,
car,
personal, or business.