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Loan & EMI Calculator
See what a loan really costs before you sign: monthly installment, total interest, and how each payment splits between interest and principal.
Free, no sign-up. Runs in your browser: nothing is uploaded.
How to use Loan & EMI Calculator
- Enter the loan amount, interest rate and tenure.
- Read the EMI and total interest.
- Open the schedule for a month-by-month breakdown.
Features
- EMI, total interest and total payment
- Tenure in months or years
- Amortization table with balance
- Any currency
Supported formats
You get
- CSV schedule
Private by design
Your files are opened and processed by your browser on this device. They are never uploaded to openWorkstand or anyone else, so the Loan & EMI Calculator is safe for contracts, IDs, photos and work documents, and it keeps working offline once the page has loaded. How local processing works
Good to know
- Results are estimates for planning. For important financial or health decisions, confirm the numbers with your lender, tax office or doctor.
- Fees, insurance and variable rates are not included unless you add them.
When to use the Loan & EMI Calculator
- Compare loan offers before you borrow.
- See how extra payments shorten a loan.
- Plan a car or personal loan budget.
Troubleshooting
The file does not open
Check that it is one of the supported formats above and opens in another app. Damaged files and password-protected PDFs cannot be read until they are repaired or unlocked.
It is slow or stops on a very large file
Everything runs on your device, so speed depends on its memory. Close other tabs, use a computer rather than a phone, or split the file into smaller parts first.
The download did not start
Look for your browser’s download bar or icon. Some browsers ask once before a site may download files; allow it and click the button again.
Frequently asked questions
What is the EMI formula?
EMI = P × r × (1 + r)ⁿ / ((1 + r)ⁿ − 1), where P is the loan amount, r the monthly interest rate (annual rate / 12 / 100) and n the number of months.
How accurate is this?
The calculator uses the standard formula shown on the page and rounds only for display. Real offers can differ because of fees, rounding rules or changing rates, so treat results as estimates.
Keep working with the result
After you download, choose “Save to Workstand” to keep the result in a folder on your computer, attach it to a project and create a follow-up task. It is saved by your browser, not uploaded.