₹ EMI Calculator — Free on Android

Honest EMI Calculator

The only EMI calculator that shows you the real cost of no-cost EMI. Processing fees, 18% GST, hidden charges — all laid out clearly before you commit. 100% offline. No account. No nonsense.

Download on Play Store Privacy Policy →
01 Features
🔢
Standard EMI
Calculate monthly EMI for any loan instantly. Full amortization schedule, interest breakdown, and live recalculation as you type.
⚠️
No-Cost EMI Truth
See the processing fee, 18% GST, effective interest rate, and total hidden cost — all before you swipe your card.
Key feature
⚖️
Loan Comparison
Compare two loans side by side. EMI, total interest, total payment — see the winner at a glance.
💰
Prepayment Simulator
How many months early can you close the loan with a lump sum? See interest saved in real time.
📋
Amortization Schedule
Full month-by-month breakdown of principal, interest, and outstanding balance for any loan.
📱
100% Offline
All calculations happen on-device. No internet needed, no account required, no data collected.
02 No-Cost EMI Explained
⚠️
No-cost EMI isn't actually free
Here's what a ₹50,000 phone on 6-month no-cost EMI actually costs you
Product price
₹50,000
Stated MRP
Monthly EMI
₹8,333
× 6 months
Processing fee (1%)
₹500
Charged upfront
GST on fee (18%)
₹90
Non-negotiable
Total you pay
₹50,590
vs ₹50,000 listed
Effective rate
~3.6% p.a.
Not 0%
₹590 hidden cost — small but real. The app shows this for every tenure and every processing fee so you know before you buy.
03 App Info
Platform
Android (iOS coming soon)
Price
Free — supported by ads
Works offline
Yes — no internet needed
Account required
No — open and use
Built for
Home loans Car loans Personal loans Phone / gadget EMI Flipkart / Amazon no-cost EMI Bajaj Finserv Education loans Prepayment planning
Developer
Built by Pratik Jamariya with ❤️. — Flutter developer from India. GitHub →