Loan Calculator
Simple and detailed loan calculation with amortization
Enter loan details to get EMI, summary metrics, and annual/monthly amortization tables.Input details
Summary Result
Loan Amount
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Interest (ROI)
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Loan Period (Months)
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Monthly Payment (EMI)
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Total Interest
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Annual Payment
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Total Payment (Loan + Interest)
--
Maturity End Date
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Loan Amount vs Total Interest
Initial Loan Amount--
Total Interest--
Amortization Schedule
| Year | Amount | EMI | Interest | Principle | Balance |
|---|---|---|---|---|---|
| Enter inputs and calculate. | |||||
| Month | Amount | EMI | Interest | Principle | Balance |
|---|---|---|---|---|---|
| Enter inputs and calculate. | |||||
Loan Calculation Formula and Instructions
Method 1: EMI Formula
- EMI = P x r x (1 + r)^n / ((1 + r)^n - 1)
- P = Loan Amount, r = monthly interest rate, n = total months.
Method 2: Interest and Principal Split
- Monthly Interest = Outstanding Balance x monthly rate.
- Monthly Principal = EMI - Monthly Interest.
Method 3: Totals
- Total Interest = Sum of all monthly interest.
- Total Payment = Loan Amount + Total Interest.