Calculate your loan payments, total interest, and view a complete amortization schedule
Loan Details
Loan Summary
Payment # | Date | Payment | Principal | Interest | Balance |
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Loan Calculator
Plan your loans smarter with our easy-to-use Loan Calculator. Whether you’re applying for a personal loan, home loan, or auto loan, this tool helps you estimate your monthly EMI (Equated Monthly Installment), total interest, and total repayment in seconds.
How to Use the Loan Calculator:
- Enter the loan amount (principal).
- Enter the annual interest rate (%).
- Enter the loan term in months or years.
- Click “Calculate” to get your EMI, total interest payable, and total amount.
Why Use Our Loan Calculator?
- 🧮 Calculates EMI, interest, and total repayment instantly
- 💳 Supports home loans, car loans, personal loans, and more
- 📊 Provides clear breakdown of payment details
- 📱 Fully responsive and mobile-friendly interface
Loan EMI Formula:
EMI = [P × r × (1 + r)<sup>n</sup>] / [(1 + r)<sup>n</sup> – 1]
Where:
- P = Principal loan amount
- r = Monthly interest rate (Annual rate / 12 / 100)
- n = Loan tenure in months
Using a loan calculator can help you make better financial decisions, compare offers, and avoid surprises during repayment.