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Calculate your monthly mortgage payments (EMI), total payment, and total interest paid with this free online mortgage calculator. Enter the loan amount, annual interest rate, loan term, and optional down payment to instantly see a full amortization schedule with month-by-month breakdown of principal, interest, and remaining balance. Supports multiple currencies (₹ INR, $ USD, € EUR) and all calculations run locally in your browser — your financial data is never uploaded or stored.

Features

  • Accurate EMI Calculation — Compute precise monthly mortgage payments using the standard reducing-balance EMI formula with principal and interest components.
  • Full Amortization Schedule — Detailed month-by-month table showing principal paid, interest paid, and remaining balance across the entire loan term.
  • Down Payment Support — Optionally include a down payment to reduce the loan principal and see how it affects monthly payments and total interest.
  • Multi-Currency Support — Choose between ₹ (INR), $ (USD), and € (EUR) with automatic currency sync between loan amount and down payment fields.
  • 100% Private & Client-Side — All calculations happen locally in your browser with robust input validation; no financial data is ever uploaded or stored.

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