Free EMI, SIP & Loan Calculators — 9 Tools

Calculate EMI, SIP returns, FD maturity, PPF, NPS, compare loans, plan prepayments, and check affordability. Bank-specific rates for SBI, HDFC, ICICI & more. No login needed.

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All 9 Calculators

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EMI Calculator

Calculate monthly EMI for home loan, car loan, or personal loan with amortization schedule.

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SIP Calculator

See how much your monthly SIP grows over time with the power of compounding.

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Lumpsum Calculator

Calculate returns on a one-time investment in mutual funds or equity over any period.

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Loan Comparison

Compare loan offers from multiple banks side-by-side — rates, EMI, and total cost.

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Prepayment Calculator

See how much you save by making prepayments. Reduce tenure or EMI — your choice.

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FD Calculator

Calculate fixed deposit maturity amount with quarterly compounding. Bank-specific rates.

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PPF Calculator

Project your Public Provident Fund corpus with yearly deposits over 15+ years.

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NPS Calculator

Estimate your National Pension System corpus and monthly pension at retirement.

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Affordability Calculator

Find out the maximum home loan and property value you can afford based on your income.

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Bank-Specific Rates

Pre-loaded interest rates from SBI, HDFC, ICICI, Axis, Kotak, PNB, and 20+ banks. Always up-to-date so your calculations are accurate.

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Visual Charts

Interactive pie charts and bar graphs showing principal vs interest breakdown, month-by-month amortization, and investment growth curves.

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No Login Required

All 9 calculators work instantly without signup. Your data stays in your browser — nothing is stored on our servers.

Understanding EMI, SIP & Financial Planning

How EMI Works

EMI (Equated Monthly Instalment) is the fixed amount you pay every month to repay a loan. Each EMI consists of two parts — principal repayment and interest. In the early months, a larger portion goes toward interest. As the loan progresses, more goes toward principal. The formula is: EMI = P × r × (1+r)^n / ((1+r)^n - 1).

Current Home Loan Rates (2026)

BankRate (p.a.)EMI per ₹1L (20 yrs)
SBI8.50%₹868
HDFC8.75%₹886
ICICI8.75%₹886
Axis8.75%₹886
Kotak8.70%₹882
PNB8.45%₹864

SIP vs Lumpsum

SIP (Systematic Investment Plan) lets you invest a fixed amount monthly in mutual funds. It benefits from rupee cost averaging — you automatically buy more units when markets dip. Lumpsum investment can yield higher returns if timed well, but carries concentration risk. For most investors, SIP is the safer, more disciplined approach.

Power of Prepayment

Making even small prepayments on your home or car loan can save you lakhs. For example, on a ₹50 lakh home loan at 8.5% for 20 years, a one-time prepayment of ₹5 lakh in the 3rd year can save over ₹8 lakh in interest and reduce your tenure by 2+ years. EMIBuddy's prepayment calculator shows the exact impact.

PPF & NPS for Long-Term Savings

PPF (Public Provident Fund) offers tax-free returns at 7.1% with a 15-year lock-in — ideal for conservative, long-term savings with Section 80C benefits. NPS (National Pension System) offers market-linked returns with an additional ₹50,000 deduction under Section 80CCD(1B). Both are excellent retirement planning tools.

Frequently Asked Questions

What is EMI and how is it calculated?
EMI (Equated Monthly Instalment) is a fixed monthly payment to repay a loan. It's calculated using the formula: EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is the principal, r is the monthly interest rate, and n is the number of months. EMIBuddy handles this calculation instantly for any loan amount and tenure.
What is the difference between SIP and lumpsum investment?
SIP involves investing a fixed amount regularly (usually monthly), while lumpsum is a one-time investment. SIP benefits from rupee cost averaging — you buy more units when markets are low and fewer when high. Lumpsum can give higher returns if invested at the right time, but carries more timing risk. For most people, SIP is the safer choice.
How does loan prepayment save money?
Prepayment reduces your outstanding principal, which means you pay less interest over the loan tenure. Even a small prepayment early in the loan can save lakhs in interest. You can choose to reduce your EMI amount or reduce your loan tenure — reducing tenure saves more on total interest.
What is the current FD interest rate in India?
FD rates vary by bank and tenure. As of 2026, major banks offer 6.5–7.5% for general citizens and 7–8% for senior citizens on 1-3 year deposits. Small finance banks may offer up to 8.5%. EMIBuddy shows bank-specific FD rates for accurate maturity calculations.
How much home loan can I afford?
Banks typically approve loans where your total EMI (including existing loans) does not exceed 40-50% of your monthly income. The affordability calculator considers your income, existing EMIs, available down payment, and current interest rates to calculate the maximum loan amount and property value you can comfortably afford.
Are the bank rates in EMIBuddy accurate?
Yes, we regularly update interest rates from all major Indian banks. However, actual rates may vary based on your credit score, loan amount, employment type, and relationship with the bank. Always confirm the final rate with your bank before making decisions.