Loan Calculator

Financial Calculators Share

Calculate monthly payments, total interest, and amortization schedule for any loan.

Formula

EMI = P*r*(1+r)^n/((1+r)^n-1) where P=principal, r=monthly rate, n=number of payments

Loan Amount *

Annual Interest Rate (%) *

Loan Term (years) *

Tips

Enter the loan amount, interest rate, and term to calculate your monthly payments and total interest.