Almost every EMI calculator tells you your monthly payment. Almost none answer the question that actually saves money: if you have extra cash, should you use it to pay down the loan faster (reduce tenure) or lower your monthly payment (reduce EMI)? Same rupee, very different outcomes.
Built a calculator that handles this properly:
- Instant EMI, total interest, and true all-in cost (including processing fee)
- Full month-by-month amortization schedule with CSV export
- Prepayment simulator — one-time or recurring, reduce-tenure vs reduce-EMI, or compare both side by side
- Home, car, personal & education loan presets with typical rate ranges
Like everything on ForgePlug, it's 100% client-side — your loan details never leave your browser, no signup, works offline.
🔗 https://www.forgeplug.com/tools/emi-calculator
Feedback welcome, especially on the prepayment UX.
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