Loan Calculator
Calculate your monthly loan payments, total interest, and total repayment amount.
Calculate the standard amortizing loan schedule and total borrowing cost.
Plan your borrowing with our loan calculator. Easily find out your monthly payment (EMI), the total interest you'll pay, and the complete cost of the loan over time.
How to Use
- Enter the principal loan amount.
- Enter the annual interest rate.
- Enter the tenure in years or months.
Formula
EMI = P × r × (1+r)^n / ((1+r)^n - 1) (where P is Principal, r is monthly rate, n is total months)