Loan Calculator

Calculate monthly loan EMI payments, total interest, and complete amortization schedules. 100% private in your browser with zero data storage.

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Estimate monthly loan payments

This estimate excludes lender fees, variable rates, insurance and taxes unless separately stated by your lender.

Enter principal, annual interest rate and term to estimate a fixed monthly payment. The amortization schedule separates interest and principal so you can see how the balance falls over time. Changing the rate or term shows the trade-off between a smaller payment and more total interest.

How It Works

When you calculate a loan on Pexlii, your loan amount and interest rates never leave your computer. Traditional financial calculators transmit your loan amounts to remote servers, which frequently leads to targeted advertising and lead tracking. Pexlii executes all financial calculations entirely inside your local browser runtime. Our loan engine processes your principal, annual interest rate, and loan duration using the standard amortized annuity formula. As you adjust the tenure or interest rate, the browser instantly computes your monthly Equated Monthly Installment (EMI), splits each payment into principal reduction versus interest cost, and recalculates the decreasing principal balance. Simultaneously, the tool compiles a comprehensive amortization schedule available in both yearly and monthly views. You can copy summary metrics or export the schedule directly to a CSV spreadsheet. Because everything is computed client-side with high-precision JavaScript arithmetic, you get instant responses with total confidentiality.

🔒 Your files and entered content are processed on this device and are not uploaded by this tool. Pexlii also loads Google Analytics for usage measurement; tool events include the tool name, category, and action type, not your files or entered content.

How to Use Loan & EMI Calculator

Enter the amount borrowed, annual interest rate, and repayment term.

Choose the payment frequency or other available assumptions.

Review the estimated installment, total interest, and repayment schedule.

Change one value at a time to compare alternative loan scenarios.

Key Capabilities

Interactive principal, interest rate, and tenure sliders

Monthly and yearly amortization schedules with CSV export

Principal vs interest percentage breakdown bar

Multi-currency support ($, €, £, ₹, ¥)

100% client-side privacy without remote data transmission

Application Scenarios

Personal loan monthly EMI calculations

Auto loan and vehicle finance planning

Comparing interest rates and repayment tenures

Exporting yearly amortization tables for budgeting

Frequently Asked Questions about Loan & EMI Calculator

How is the monthly loan EMI calculated?

EMI is calculated using the standard mathematical formula: E = [P × r × (1 + r)^n] / [(1 + r)^n - 1], where P is principal, r is monthly interest rate, and n is total months.

Is my personal financial information or loan amount sent to a server?

Can I export the amortization schedule?