Loan EMI calculator

A monthly installment and the full amortization table, rounded to the cent.

Runs in browser

Use from your agent

Streamable HTTP at https://benchline.fabwaseem.com/mcp. No key. The tool name is calculate_emi.

mcp.jsonjson
1{
2 "mcpServers": {
3 "benchline": {
4 "url": "https://benchline.fabwaseem.com/mcp"
5 }
6 }
7}
tools/calljson
1{
2 "jsonrpc": "2.0",
3 "id": 1,
4 "method": "tools/call",
5 "params": {
6 "name": "calculate_emi",
7 "arguments": {
8 "principal": "example",
9 "annualRate": "example",
10 "months": 1,
11 "extraMonthly": 0
12 }
13 }
14}

How it works

Free loan, EMI, and mortgage calculator. Enter principal, annual rate, and term. See the installment, total interest, and every payment. Extra monthly payments shorten the schedule. Amounts use decimal rounding, not binary floats.

  1. 01

    Enter the loan

    Principal, annual interest percent, and the term in years and months.

  2. 02

    Add an extra payment

    Leave it at zero for the standard schedule, or set a monthly extra that goes to principal.

  3. 03

    Read the table

    Each row is payment, principal, interest, extra, and the remaining balance. Download the CSV if you need the schedule elsewhere.

FAQ