How much interest will I pay on a 30-year mortgage?

Far more than most people expect. On $300,000 at 6.5% for 30 years, the payment is $1,896.20 a month, which is $682,633 over 360 payments — $382,633 of it interest, more than the amount borrowed. Shortening the term or paying extra each month is the fastest way to cut that figure.

Why is most of my early payment going to interest?

Interest is charged on the balance you still owe, and at the start you owe almost the whole loan. In the first month of a $300,000 loan at 6.5%, the interest charge is $300,000 × 0.0054167 = $1,625, so only $271.20 of the $1,896.20 payment reduces the balance. As the balance falls, the interest charge falls with it and more of each fixed payment goes to principal.

How much does paying extra each month actually save?

A lot, because every extra dollar attacks the balance directly and stops earning interest for the lender. On $300,000 at 6.5% over 30 years, adding $200 a month clears the loan in 277 payments instead of 360 — nearly 7 years earlier — and saves roughly $103,000 in interest. Enter your own extra payment to see the exact figures for your loan.

What is the difference between APR and the interest rate?

The nominal interest rate is what your payment is calculated from. The APR bundles the rate together with lender fees, points, and some closing costs, expressed as a yearly percentage, so it is usually higher. Use the nominal rate in this calculator to get the correct payment, and use APR to compare offers from different lenders on a like-for-like basis.

Does this calculator work for car loans and personal loans?

Yes. A car loan, personal loan, student loan, and mortgage all use the same amortization math — only the amounts and terms differ. Enter a 60-month term for a typical auto loan or a 24 to 60-month term for a personal loan, and switch the term unit to months.

What happens if the interest rate is 0%?

The standard EMI formula divides by ((1 + r)^n − 1), which is zero when r is zero, so it cannot be used directly. This calculator detects that case and falls back to straight-line repayment: EMI = principal ÷ number of months. A $12,000 interest-free loan over 24 months is exactly $500 a month with no interest.

Can I use this to compare a 15-year and a 30-year mortgage?

Yes, and it is one of the most useful things you can do with it. Run the same principal and rate at both terms. The 15-year payment is higher, but the total interest is typically less than half. Note the calculator applies whichever rate you enter — real 15-year loans usually carry a slightly lower rate, so enter each term with its own quoted rate.

What is an amortization schedule?

It is the payment-by-payment table showing how a loan is retired. Each row lists the payment number, how much of that payment covers interest, how much reduces the principal, and the balance left afterwards. The payment amount stays flat while the split inside it shifts steadily from interest toward principal — which is why the schedule, not the monthly payment, tells you what a loan really costs.

Do biweekly payments really pay off a loan faster?

Yes, but not for the reason most people assume. Paying half the EMI every two weeks means 26 half-payments a year, which is 13 full payments instead of 12 — you are quietly making one extra payment annually. On $300,000 at 6.5% over 30 years that clears the loan roughly four years early. You get the same result by paying one twelfth extra each month, and some lenders charge a fee to set up biweekly billing.

Does this include taxes, insurance, and fees?

No. It calculates principal and interest only, at a fixed rate. Property taxes, homeowners or PMI insurance, HOA dues, origination fees, and rate changes on a variable-rate loan are not modelled. Your actual escrowed mortgage payment will be higher than the payment shown here.

Is my loan data private?

Yes. Every calculation runs in your browser in plain JavaScript. Your loan amount, rate, term, and balances are never transmitted, logged, or stored, and the tool keeps working with no network connection once the page has loaded.

Loan / EMI Calculator

Calculate your monthly loan payment (EMI), total interest, and payoff date, with a full amortization schedule and extra-payment savings.

Loan amount

Annual interest rate (%)

Loan term

Extra monthly payment (optional)

Monthly payment (EMI)

1,896.20

Total interest

382,633.47

Total repaid

682,633.47

Paid off

Jun 2056 · 30 years

Principal 300,000.00 (43.95%)Interest 382,633.47 (56.05%)

EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1) with P = 300,000.00, r = 0.5417% monthly, n = 360 → 1,896.20

Amortization schedule

#	Payment	Principal	Interest	Balance
1	1,896.20	271.20	1,625.00	299,728.80
2	1,896.20	272.67	1,623.53	299,456.12
3	1,896.20	274.15	1,622.05	299,181.97
4	1,896.20	275.64	1,620.57	298,906.34
5	1,896.20	277.13	1,619.08	298,629.21
6	1,896.20	278.63	1,617.57	298,350.58
7	1,896.20	280.14	1,616.07	298,070.44
8	1,896.20	281.66	1,614.55	297,788.79
9	1,896.20	283.18	1,613.02	297,505.60
10	1,896.20	284.72	1,611.49	297,220.89
11	1,896.20	286.26	1,609.95	296,934.63
12	1,896.20	287.81	1,608.40	296,646.82
13	1,896.20	289.37	1,606.84	296,357.46
14	1,896.20	290.93	1,605.27	296,066.52
15	1,896.20	292.51	1,603.69	295,774.01
16	1,896.20	294.09	1,602.11	295,479.92
17	1,896.20	295.69	1,600.52	295,184.23
18	1,896.20	297.29	1,598.91	294,886.94
19	1,896.20	298.90	1,597.30	294,588.04
20	1,896.20	300.52	1,595.69	294,287.52
21	1,896.20	302.15	1,594.06	293,985.37
22	1,896.20	303.78	1,592.42	293,681.59
23	1,896.20	305.43	1,590.78	293,376.16
24	1,896.20	307.08	1,589.12	293,069.08
25	1,896.20	308.75	1,587.46	292,760.33
26	1,896.20	310.42	1,585.79	292,449.91
27	1,896.20	312.10	1,584.10	292,137.81
28	1,896.20	313.79	1,582.41	291,824.02
29	1,896.20	315.49	1,580.71	291,508.53
30	1,896.20	317.20	1,579.00	291,191.33
31	1,896.20	318.92	1,577.29	290,872.41
32	1,896.20	320.65	1,575.56	290,551.77
33	1,896.20	322.38	1,573.82	290,229.39
34	1,896.20	324.13	1,572.08	289,905.26
35	1,896.20	325.88	1,570.32	289,579.37
36	1,896.20	327.65	1,568.55	289,251.73
37	1,896.20	329.42	1,566.78	288,922.30
38	1,896.20	331.21	1,565.00	288,591.09
39	1,896.20	333.00	1,563.20	288,258.09
40	1,896.20	334.81	1,561.40	287,923.29
41	1,896.20	336.62	1,559.58	287,586.67
42	1,896.20	338.44	1,557.76	287,248.22
43	1,896.20	340.28	1,555.93	286,907.95
44	1,896.20	342.12	1,554.08	286,565.83
45	1,896.20	343.97	1,552.23	286,221.85
46	1,896.20	345.84	1,550.37	285,876.02
47	1,896.20	347.71	1,548.50	285,528.31
48	1,896.20	349.59	1,546.61	285,178.72
49	1,896.20	351.49	1,544.72	284,827.23
50	1,896.20	353.39	1,542.81	284,473.84
51	1,896.20	355.30	1,540.90	284,118.54
52	1,896.20	357.23	1,538.98	283,761.31
53	1,896.20	359.16	1,537.04	283,402.15
54	1,896.20	361.11	1,535.09	283,041.04
55	1,896.20	363.07	1,533.14	282,677.97
56	1,896.20	365.03	1,531.17	282,312.94
57	1,896.20	367.01	1,529.20	281,945.93
58	1,896.20	369.00	1,527.21	281,576.93
59	1,896.20	371.00	1,525.21	281,205.94
60	1,896.20	373.01	1,523.20	280,832.93
61	1,896.20	375.03	1,521.18	280,457.91
62	1,896.20	377.06	1,519.15	280,080.85
63	1,896.20	379.10	1,517.10	279,701.75
64	1,896.20	381.15	1,515.05	279,320.60
65	1,896.20	383.22	1,512.99	278,937.38
66	1,896.20	385.29	1,510.91	278,552.09
67	1,896.20	387.38	1,508.82	278,164.71
68	1,896.20	389.48	1,506.73	277,775.23
69	1,896.20	391.59	1,504.62	277,383.64
70	1,896.20	393.71	1,502.49	276,989.93
71	1,896.20	395.84	1,500.36	276,594.09
72	1,896.20	397.99	1,498.22	276,196.10
73	1,896.20	400.14	1,496.06	275,795.96
74	1,896.20	402.31	1,493.89	275,393.65
75	1,896.20	404.49	1,491.72	274,989.16
76	1,896.20	406.68	1,489.52	274,582.48
77	1,896.20	408.88	1,487.32	274,173.60
78	1,896.20	411.10	1,485.11	273,762.50
79	1,896.20	413.32	1,482.88	273,349.18
80	1,896.20	415.56	1,480.64	272,933.62
81	1,896.20	417.81	1,478.39	272,515.80
82	1,896.20	420.08	1,476.13	272,095.73
83	1,896.20	422.35	1,473.85	271,673.37
84	1,896.20	424.64	1,471.56	271,248.73
85	1,896.20	426.94	1,469.26	270,821.79
86	1,896.20	429.25	1,466.95	270,392.54
87	1,896.20	431.58	1,464.63	269,960.96
88	1,896.20	433.92	1,462.29	269,527.05
89	1,896.20	436.27	1,459.94	269,090.78
90	1,896.20	438.63	1,457.58	268,652.15
91	1,896.20	441.00	1,455.20	268,211.15
92	1,896.20	443.39	1,452.81	267,767.75
93	1,896.20	445.80	1,450.41	267,321.96
94	1,896.20	448.21	1,447.99	266,873.75
95	1,896.20	450.64	1,445.57	266,423.11
96	1,896.20	453.08	1,443.13	265,970.03
97	1,896.20	455.53	1,440.67	265,514.50
98	1,896.20	458.00	1,438.20	265,056.50
99	1,896.20	460.48	1,435.72	264,596.02
100	1,896.20	462.98	1,433.23	264,133.04
101	1,896.20	465.48	1,430.72	263,667.56
102	1,896.20	468.00	1,428.20	263,199.55
103	1,896.20	470.54	1,425.66	262,729.01
104	1,896.20	473.09	1,423.12	262,255.93
105	1,896.20	475.65	1,420.55	261,780.27
106	1,896.20	478.23	1,417.98	261,302.05
107	1,896.20	480.82	1,415.39	260,821.23
108	1,896.20	483.42	1,412.78	260,337.81
109	1,896.20	486.04	1,410.16	259,851.77
110	1,896.20	488.67	1,407.53	259,363.09
111	1,896.20	491.32	1,404.88	258,871.77
112	1,896.20	493.98	1,402.22	258,377.79
113	1,896.20	496.66	1,399.55	257,881.13
114	1,896.20	499.35	1,396.86	257,381.78
115	1,896.20	502.05	1,394.15	256,879.73
116	1,896.20	504.77	1,391.43	256,374.96
117	1,896.20	507.51	1,388.70	255,867.45
118	1,896.20	510.26	1,385.95	255,357.20
119	1,896.20	513.02	1,383.18	254,844.18
120	1,896.20	515.80	1,380.41	254,328.38
121	1,896.20	518.59	1,377.61	253,809.79
122	1,896.20	521.40	1,374.80	253,288.39
123	1,896.20	524.23	1,371.98	252,764.16
124	1,896.20	527.06	1,369.14	252,237.10
125	1,896.20	529.92	1,366.28	251,707.18
126	1,896.20	532.79	1,363.41	251,174.39
127	1,896.20	535.68	1,360.53	250,638.71
128	1,896.20	538.58	1,357.63	250,100.13
129	1,896.20	541.50	1,354.71	249,558.64
130	1,896.20	544.43	1,351.78	249,014.21
131	1,896.20	547.38	1,348.83	248,466.83
132	1,896.20	550.34	1,345.86	247,916.49
133	1,896.20	553.32	1,342.88	247,363.17
134	1,896.20	556.32	1,339.88	246,806.85
135	1,896.20	559.33	1,336.87	246,247.51
136	1,896.20	562.36	1,333.84	245,685.15
137	1,896.20	565.41	1,330.79	245,119.74
138	1,896.20	568.47	1,327.73	244,551.27
139	1,896.20	571.55	1,324.65	243,979.72
140	1,896.20	574.65	1,321.56	243,405.07
141	1,896.20	577.76	1,318.44	242,827.31
142	1,896.20	580.89	1,315.31	242,246.42
143	1,896.20	584.04	1,312.17	241,662.38
144	1,896.20	587.20	1,309.00	241,075.18
145	1,896.20	590.38	1,305.82	240,484.80
146	1,896.20	593.58	1,302.63	239,891.23
147	1,896.20	596.79	1,299.41	239,294.43
148	1,896.20	600.03	1,296.18	238,694.41
149	1,896.20	603.28	1,292.93	238,091.13
150	1,896.20	606.54	1,289.66	237,484.59
151	1,896.20	609.83	1,286.37	236,874.76
152	1,896.20	613.13	1,283.07	236,261.63
153	1,896.20	616.45	1,279.75	235,645.17
154	1,896.20	619.79	1,276.41	235,025.38
155	1,896.20	623.15	1,273.05	234,402.23
156	1,896.20	626.53	1,269.68	233,775.70
157	1,896.20	629.92	1,266.29	233,145.78
158	1,896.20	633.33	1,262.87	232,512.45
159	1,896.20	636.76	1,259.44	231,875.69
160	1,896.20	640.21	1,255.99	231,235.48
161	1,896.20	643.68	1,252.53	230,591.80
162	1,896.20	647.17	1,249.04	229,944.64
163	1,896.20	650.67	1,245.53	229,293.97
164	1,896.20	654.20	1,242.01	228,639.77
165	1,896.20	657.74	1,238.47	227,982.03
166	1,896.20	661.30	1,234.90	227,320.73
167	1,896.20	664.88	1,231.32	226,655.85
168	1,896.20	668.48	1,227.72	225,987.36
169	1,896.20	672.11	1,224.10	225,315.26
170	1,896.20	675.75	1,220.46	224,639.51
171	1,896.20	679.41	1,216.80	223,960.10
172	1,896.20	683.09	1,213.12	223,277.02
173	1,896.20	686.79	1,209.42	222,590.23
174	1,896.20	690.51	1,205.70	221,899.72
175	1,896.20	694.25	1,201.96	221,205.48
176	1,896.20	698.01	1,198.20	220,507.47
177	1,896.20	701.79	1,194.42	219,805.68
178	1,896.20	705.59	1,190.61	219,100.09
179	1,896.20	709.41	1,186.79	218,390.68
180	1,896.20	713.25	1,182.95	217,677.42
181	1,896.20	717.12	1,179.09	216,960.31
182	1,896.20	721.00	1,175.20	216,239.30
183	1,896.20	724.91	1,171.30	215,514.40
184	1,896.20	728.83	1,167.37	214,785.56
185	1,896.20	732.78	1,163.42	214,052.78
186	1,896.20	736.75	1,159.45	213,316.03
187	1,896.20	740.74	1,155.46	212,575.28
188	1,896.20	744.75	1,151.45	211,830.53
189	1,896.20	748.79	1,147.42	211,081.74
190	1,896.20	752.84	1,143.36	210,328.90
191	1,896.20	756.92	1,139.28	209,571.97
192	1,896.20	761.02	1,135.18	208,810.95
193	1,896.20	765.14	1,131.06	208,045.81
194	1,896.20	769.29	1,126.91	207,276.52
195	1,896.20	773.46	1,122.75	206,503.06
196	1,896.20	777.65	1,118.56	205,725.42
197	1,896.20	781.86	1,114.35	204,943.56
198	1,896.20	786.09	1,110.11	204,157.46
199	1,896.20	790.35	1,105.85	203,367.11
200	1,896.20	794.63	1,101.57	202,572.48
201	1,896.20	798.94	1,097.27	201,773.54
202	1,896.20	803.26	1,092.94	200,970.28
203	1,896.20	807.62	1,088.59	200,162.67
204	1,896.20	811.99	1,084.21	199,350.68
205	1,896.20	816.39	1,079.82	198,534.29
206	1,896.20	820.81	1,075.39	197,713.48
207	1,896.20	825.26	1,070.95	196,888.22
208	1,896.20	829.73	1,066.48	196,058.50
209	1,896.20	834.22	1,061.98	195,224.28
210	1,896.20	838.74	1,057.46	194,385.54
211	1,896.20	843.28	1,052.92	193,542.25
212	1,896.20	847.85	1,048.35	192,694.40
213	1,896.20	852.44	1,043.76	191,841.96
214	1,896.20	857.06	1,039.14	190,984.90
215	1,896.20	861.70	1,034.50	190,123.20
216	1,896.20	866.37	1,029.83	189,256.83
217	1,896.20	871.06	1,025.14	188,385.77
218	1,896.20	875.78	1,020.42	187,509.98
219	1,896.20	880.52	1,015.68	186,629.46
220	1,896.20	885.29	1,010.91	185,744.16
221	1,896.20	890.09	1,006.11	184,854.07
222	1,896.20	894.91	1,001.29	183,959.16
223	1,896.20	899.76	996.45	183,059.40
224	1,896.20	904.63	991.57	182,154.77
225	1,896.20	909.53	986.67	181,245.24
226	1,896.20	914.46	981.75	180,330.78
227	1,896.20	919.41	976.79	179,411.37
228	1,896.20	924.39	971.81	178,486.98
229	1,896.20	929.40	966.80	177,557.58
230	1,896.20	934.43	961.77	176,623.14
231	1,896.20	939.50	956.71	175,683.65
232	1,896.20	944.58	951.62	174,739.06
233	1,896.20	949.70	946.50	173,789.36
234	1,896.20	954.85	941.36	172,834.52
235	1,896.20	960.02	936.19	171,874.50
236	1,896.20	965.22	930.99	170,909.28
237	1,896.20	970.45	925.76	169,938.84
238	1,896.20	975.70	920.50	168,963.14
239	1,896.20	980.99	915.22	167,982.15
240	1,896.20	986.30	909.90	166,995.85
241	1,896.20	991.64	904.56	166,004.20
242	1,896.20	997.01	899.19	165,007.19
243	1,896.20	1,002.42	893.79	164,004.77
244	1,896.20	1,007.84	888.36	162,996.93
245	1,896.20	1,013.30	882.90	161,983.63
246	1,896.20	1,018.79	877.41	160,964.83
247	1,896.20	1,024.31	871.89	159,940.52
248	1,896.20	1,029.86	866.34	158,910.66
249	1,896.20	1,035.44	860.77	157,875.22
250	1,896.20	1,041.05	855.16	156,834.18
251	1,896.20	1,046.69	849.52	155,787.49
252	1,896.20	1,052.36	843.85	154,735.14
253	1,896.20	1,058.06	838.15	153,677.08
254	1,896.20	1,063.79	832.42	152,613.29
255	1,896.20	1,069.55	826.66	151,543.75
256	1,896.20	1,075.34	820.86	150,468.40
257	1,896.20	1,081.17	815.04	149,387.24
258	1,896.20	1,087.02	809.18	148,300.21
259	1,896.20	1,092.91	803.29	147,207.30
260	1,896.20	1,098.83	797.37	146,108.47
261	1,896.20	1,104.78	791.42	145,003.69
262	1,896.20	1,110.77	785.44	143,892.92
263	1,896.20	1,116.78	779.42	142,776.14
264	1,896.20	1,122.83	773.37	141,653.30
265	1,896.20	1,128.92	767.29	140,524.39
266	1,896.20	1,135.03	761.17	139,389.36
267	1,896.20	1,141.18	755.03	138,248.18
268	1,896.20	1,147.36	748.84	137,100.82
269	1,896.20	1,153.57	742.63	135,947.25
270	1,896.20	1,159.82	736.38	134,787.42
271	1,896.20	1,166.11	730.10	133,621.32
272	1,896.20	1,172.42	723.78	132,448.89
273	1,896.20	1,178.77	717.43	131,270.12
274	1,896.20	1,185.16	711.05	130,084.96
275	1,896.20	1,191.58	704.63	128,893.39
276	1,896.20	1,198.03	698.17	127,695.36
277	1,896.20	1,204.52	691.68	126,490.83
278	1,896.20	1,211.05	685.16	125,279.79
279	1,896.20	1,217.61	678.60	124,062.18
280	1,896.20	1,224.20	672.00	122,837.98
281	1,896.20	1,230.83	665.37	121,607.15
282	1,896.20	1,237.50	658.71	120,369.65
283	1,896.20	1,244.20	652.00	119,125.45
284	1,896.20	1,250.94	645.26	117,874.51
285	1,896.20	1,257.72	638.49	116,616.79
286	1,896.20	1,264.53	631.67	115,352.26
287	1,896.20	1,271.38	624.82	114,080.88
288	1,896.20	1,278.27	617.94	112,802.62
289	1,896.20	1,285.19	611.01	111,517.43
290	1,896.20	1,292.15	604.05	110,225.28
291	1,896.20	1,299.15	597.05	108,926.13
292	1,896.20	1,306.19	590.02	107,619.94
293	1,896.20	1,313.26	582.94	106,306.68
294	1,896.20	1,320.38	575.83	104,986.30
295	1,896.20	1,327.53	568.68	103,658.77
296	1,896.20	1,334.72	561.49	102,324.05
297	1,896.20	1,341.95	554.26	100,982.10
298	1,896.20	1,349.22	546.99	99,632.89
299	1,896.20	1,356.53	539.68	98,276.36
300	1,896.20	1,363.87	532.33	96,912.49
301	1,896.20	1,371.26	524.94	95,541.22
302	1,896.20	1,378.69	517.51	94,162.54
303	1,896.20	1,386.16	510.05	92,776.38
304	1,896.20	1,393.67	502.54	91,382.71
305	1,896.20	1,401.21	494.99	89,981.50
306	1,896.20	1,408.80	487.40	88,572.69
307	1,896.20	1,416.44	479.77	87,156.26
308	1,896.20	1,424.11	472.10	85,732.15
309	1,896.20	1,431.82	464.38	84,300.33
310	1,896.20	1,439.58	456.63	82,860.75
311	1,896.20	1,447.37	448.83	81,413.38
312	1,896.20	1,455.21	440.99	79,958.16
313	1,896.20	1,463.10	433.11	78,495.07
314	1,896.20	1,471.02	425.18	77,024.04
315	1,896.20	1,478.99	417.21	75,545.05
316	1,896.20	1,487.00	409.20	74,058.05
317	1,896.20	1,495.06	401.15	72,562.99
318	1,896.20	1,503.15	393.05	71,059.84
319	1,896.20	1,511.30	384.91	69,548.54
320	1,896.20	1,519.48	376.72	68,029.06
321	1,896.20	1,527.71	368.49	66,501.35
322	1,896.20	1,535.99	360.22	64,965.36
323	1,896.20	1,544.31	351.90	63,421.05
324	1,896.20	1,552.67	343.53	61,868.38
325	1,896.20	1,561.08	335.12	60,307.29
326	1,896.20	1,569.54	326.66	58,737.75
327	1,896.20	1,578.04	318.16	57,159.71
328	1,896.20	1,586.59	309.62	55,573.12
329	1,896.20	1,595.18	301.02	53,977.94
330	1,896.20	1,603.82	292.38	52,374.12
331	1,896.20	1,612.51	283.69	50,761.61
332	1,896.20	1,621.25	274.96	49,140.36
333	1,896.20	1,630.03	266.18	47,510.33
334	1,896.20	1,638.86	257.35	45,871.48
335	1,896.20	1,647.73	248.47	44,223.74
336	1,896.20	1,656.66	239.55	42,567.08
337	1,896.20	1,665.63	230.57	40,901.45
338	1,896.20	1,674.65	221.55	39,226.80
339	1,896.20	1,683.73	212.48	37,543.07
340	1,896.20	1,692.85	203.36	35,850.23
341	1,896.20	1,702.02	194.19	34,148.21
342	1,896.20	1,711.23	184.97	32,436.98
343	1,896.20	1,720.50	175.70	30,716.47
344	1,896.20	1,729.82	166.38	28,986.65
345	1,896.20	1,739.19	157.01	27,247.46
346	1,896.20	1,748.61	147.59	25,498.84
347	1,896.20	1,758.09	138.12	23,740.76
348	1,896.20	1,767.61	128.60	21,973.15
349	1,896.20	1,777.18	119.02	20,195.97
350	1,896.20	1,786.81	109.39	18,409.16
351	1,896.20	1,796.49	99.72	16,612.67
352	1,896.20	1,806.22	89.99	14,806.45
353	1,896.20	1,816.00	80.20	12,990.45
354	1,896.20	1,825.84	70.36	11,164.61
355	1,896.20	1,835.73	60.47	9,328.88
356	1,896.20	1,845.67	50.53	7,483.21
357	1,896.20	1,855.67	40.53	5,627.54
358	1,896.20	1,865.72	30.48	3,761.82
359	1,896.20	1,875.83	20.38	1,885.99
360	1,896.20	1,885.99	10.22	0.00

Principal and interest only. Taxes, insurance, fees, and variable-rate changes are not included.

Category:calculators

Mode:Offline

Version:1.0.0

Access:Free

Total Used:2.5M+

Success:99.8%

What is the Loan / EMI Calculator?

The Loan / EMI Calculator works out what a loan actually costs you. Enter the amount you are borrowing, the annual interest rate, and the term, and it returns the equated monthly instalment (EMI), the total interest you will pay, the total amount repaid, and the month the loan is cleared. It uses the same standard amortization formula that banks, credit unions, and mortgage lenders use, so the number you see matches the number on the loan offer.

It also builds the full amortization schedule — every single payment, split into the interest portion and the principal portion, with the balance remaining after each one. That schedule is where the real story of a loan lives. On a 30-year mortgage, the first payment can be more than 80% interest, and it takes years before the split flips. You can view the schedule payment by payment or collapsed into a yearly summary, and a principal-versus-interest bar shows at a glance how much of your total repayment is the money you actually borrowed.

If you add an optional extra monthly payment, the calculator re-runs the schedule and compares it against the base loan, reporting exactly how much interest you save and how many months earlier you finish. Everything runs in your browser: no loan amounts, rates, or balances are ever sent to a server, and the tool keeps working offline once the page has loaded.

How to use the Loan / EMI Calculator?

Enter the loan amount and rate

Type the principal you are borrowing and the nominal annual interest rate, or drag the sliders. The rate is the yearly rate quoted by the lender — the calculator converts it to a monthly rate for you.

Set the term

Enter the loan term and switch between years and months. A 30-year mortgage, a 60-month car loan, and a 24-month personal loan are all entered the same way.

Add an optional extra payment

If you plan to pay more than the required instalment each month, enter that amount. The calculator shows the interest saved and the months shaved off compared with paying only the EMI.

Read the schedule and copy the result

Review the monthly or yearly amortization table to see how each payment splits between interest and principal, then copy the summary for a spreadsheet, email, or loan comparison.

Key Features

Standard Amortization Formula

Uses EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), the same calculation lenders use, so results match the payment on a real loan offer

Full Amortization Schedule

Every payment broken into interest, principal, and remaining balance — viewable payment by payment or collapsed into a yearly summary

Extra Payment Savings

Add an extra monthly amount and see exactly how much interest you avoid and how many months earlier the loan is cleared versus the base schedule

Principal vs Interest Breakdown

A visual bar showing what share of your total repayment is the money you borrowed and what share is the cost of borrowing it

Frequently Asked Questions

EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the number of monthly payments. For a $300,000 loan at 6.5% over 30 years, r is 0.0054167 and n is 360, which gives an EMI of $1,896.20.

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Payment

Principal

Interest

Balance

1,896.20

271.20

1,625.00

299,728.80

1,896.20

272.67

1,623.53

299,456.12

1,896.20

274.15

1,622.05

299,181.97

1,896.20

275.64

1,620.57

298,906.34

1,896.20

277.13

1,619.08

298,629.21

1,896.20

278.63

1,617.57

298,350.58

1,896.20

280.14

1,616.07

298,070.44

1,896.20

281.66

1,614.55

297,788.79

1,896.20

283.18

1,613.02

297,505.60

1,896.20

284.72

1,611.49

297,220.89

1,896.20

286.26

1,609.95

296,934.63

1,896.20

287.81

1,608.40

296,646.82

1,896.20

289.37

1,606.84

296,357.46

1,896.20

290.93

1,605.27

296,066.52

1,896.20

292.51

1,603.69

295,774.01

1,896.20

294.09

1,602.11

295,479.92

1,896.20

295.69

1,600.52

295,184.23

1,896.20

297.29

1,598.91

294,886.94

1,896.20

298.90

1,597.30

294,588.04

1,896.20

300.52

1,595.69

294,287.52

1,896.20

302.15

1,594.06

293,985.37

1,896.20

303.78

1,592.42

293,681.59

1,896.20

305.43

1,590.78

293,376.16

1,896.20

307.08

1,589.12

293,069.08

1,896.20

308.75

1,587.46

292,760.33

1,896.20

310.42

1,585.79

292,449.91

1,896.20

312.10

1,584.10

292,137.81

1,896.20

313.79

1,582.41

291,824.02

1,896.20

315.49

1,580.71

291,508.53

1,896.20

317.20

1,579.00

291,191.33

1,896.20

318.92

1,577.29

290,872.41

1,896.20

320.65

1,575.56

290,551.77

1,896.20

322.38

1,573.82

290,229.39

1,896.20

324.13

1,572.08

289,905.26

1,896.20

325.88

1,570.32

289,579.37

1,896.20

327.65

1,568.55

289,251.73

1,896.20

329.42

1,566.78

288,922.30

1,896.20

331.21

1,565.00

288,591.09

1,896.20

333.00

1,563.20

288,258.09

1,896.20

334.81

1,561.40

287,923.29

1,896.20

336.62

1,559.58

287,586.67

1,896.20

338.44

1,557.76

287,248.22

1,896.20

340.28

1,555.93

286,907.95

1,896.20

342.12

1,554.08

286,565.83

1,896.20

343.97

1,552.23

286,221.85

1,896.20

345.84

1,550.37

285,876.02

1,896.20

347.71

1,548.50

285,528.31

1,896.20

349.59

1,546.61

285,178.72

1,896.20

351.49

1,544.72

284,827.23

1,896.20

353.39

1,542.81

284,473.84

1,896.20

355.30

1,540.90

284,118.54

1,896.20

357.23

1,538.98

283,761.31

1,896.20

359.16

1,537.04

283,402.15

1,896.20

361.11

1,535.09

283,041.04

1,896.20

363.07

1,533.14

282,677.97

1,896.20

365.03

1,531.17

282,312.94

1,896.20

367.01

1,529.20

281,945.93

1,896.20

369.00

1,527.21

281,576.93

1,896.20

371.00

1,525.21

281,205.94

1,896.20

373.01

1,523.20

280,832.93

1,896.20

375.03

1,521.18

280,457.91

1,896.20

377.06

1,519.15

280,080.85

1,896.20

379.10

1,517.10

279,701.75

1,896.20

381.15

1,515.05

279,320.60

1,896.20

383.22

1,512.99

278,937.38

1,896.20

385.29

1,510.91

278,552.09

1,896.20

387.38

1,508.82

278,164.71

1,896.20

389.48

1,506.73

277,775.23

1,896.20

391.59

1,504.62

277,383.64

1,896.20

393.71

1,502.49

276,989.93

1,896.20

395.84

1,500.36

276,594.09

1,896.20

397.99

1,498.22

276,196.10

1,896.20

400.14

1,496.06

275,795.96

1,896.20

402.31

1,493.89

275,393.65

1,896.20

404.49

1,491.72

274,989.16

1,896.20

406.68

1,489.52

274,582.48

1,896.20

408.88

1,487.32

274,173.60

1,896.20

411.10

1,485.11

273,762.50

1,896.20

413.32

1,482.88

273,349.18

1,896.20

415.56

1,480.64

272,933.62

1,896.20

417.81

1,478.39

272,515.80

1,896.20

420.08

1,476.13

272,095.73

1,896.20

422.35

1,473.85

271,673.37

1,896.20

424.64

1,471.56

271,248.73

1,896.20

426.94

1,469.26

270,821.79

1,896.20

429.25

1,466.95

270,392.54

1,896.20

431.58

1,464.63

269,960.96

1,896.20

433.92

1,462.29

269,527.05

1,896.20

436.27

1,459.94

269,090.78

1,896.20

438.63

1,457.58

268,652.15

1,896.20

441.00

1,455.20

268,211.15

1,896.20

443.39

1,452.81

267,767.75

1,896.20

445.80

1,450.41

267,321.96

1,896.20

448.21

1,447.99

266,873.75

1,896.20

450.64

1,445.57

266,423.11

1,896.20

453.08

1,443.13

265,970.03

1,896.20

455.53

1,440.67

265,514.50

1,896.20

458.00

1,438.20

265,056.50

1,896.20

460.48

1,435.72

264,596.02

100

1,896.20

462.98

1,433.23

264,133.04

101

1,896.20

465.48

1,430.72

263,667.56

102

1,896.20

468.00

1,428.20

263,199.55

103

1,896.20

470.54

1,425.66

262,729.01

104

1,896.20

473.09

1,423.12

262,255.93

105

1,896.20

475.65

1,420.55

261,780.27

106

1,896.20

478.23

1,417.98

261,302.05

107

1,896.20

480.82

1,415.39

260,821.23

108

1,896.20

483.42

1,412.78

260,337.81

109

1,896.20

486.04

1,410.16

259,851.77

110

1,896.20

488.67

1,407.53

259,363.09

111

1,896.20

491.32

1,404.88

258,871.77

112

1,896.20

493.98

1,402.22

258,377.79

113

1,896.20

496.66

1,399.55

257,881.13

114

1,896.20

499.35

1,396.86

257,381.78

115

1,896.20

502.05

1,394.15

256,879.73

116

1,896.20

504.77

1,391.43

256,374.96

117

1,896.20

507.51

1,388.70

255,867.45

118

1,896.20

510.26

1,385.95

255,357.20

119

1,896.20

513.02

1,383.18

254,844.18

120

1,896.20

515.80

1,380.41

254,328.38

121

1,896.20

518.59

1,377.61

253,809.79

122

1,896.20

521.40

1,374.80

253,288.39

123

1,896.20

524.23

1,371.98

252,764.16

124

1,896.20

527.06

1,369.14

252,237.10

125

1,896.20

529.92

1,366.28

251,707.18

126

1,896.20

532.79

1,363.41

251,174.39

127

1,896.20

535.68

1,360.53

250,638.71

128

1,896.20

538.58

1,357.63

250,100.13

129

1,896.20

541.50

1,354.71

249,558.64

130

1,896.20

544.43

1,351.78

249,014.21

131

1,896.20

547.38

1,348.83

248,466.83

132

1,896.20

550.34

1,345.86

247,916.49

133

1,896.20

553.32

1,342.88

247,363.17

134

1,896.20

556.32

1,339.88

246,806.85

135

1,896.20

559.33

1,336.87

246,247.51

136

1,896.20

562.36

1,333.84

245,685.15

137

1,896.20

565.41

1,330.79

245,119.74

138

1,896.20

568.47

1,327.73

244,551.27

139

1,896.20

571.55

1,324.65

243,979.72

140

1,896.20

574.65

1,321.56

243,405.07

141

1,896.20

577.76

1,318.44

242,827.31

142

1,896.20

580.89

1,315.31

242,246.42

143

1,896.20

584.04

1,312.17

241,662.38

144

1,896.20

587.20

1,309.00

241,075.18

145

1,896.20

590.38

1,305.82

240,484.80

146

1,896.20

593.58

1,302.63

239,891.23

147

1,896.20

596.79

1,299.41

239,294.43

148

1,896.20

600.03

1,296.18

238,694.41

149

1,896.20

603.28

1,292.93

238,091.13

150

1,896.20

606.54

1,289.66

237,484.59

151

1,896.20

609.83

1,286.37

236,874.76

152

1,896.20

613.13

1,283.07

236,261.63

153

1,896.20

616.45

1,279.75

235,645.17

154

1,896.20

619.79

1,276.41

235,025.38

155

1,896.20

623.15

1,273.05

234,402.23

156

1,896.20

626.53

1,269.68

233,775.70

157

1,896.20

629.92

1,266.29

233,145.78

158

1,896.20

633.33

1,262.87

232,512.45

159

1,896.20

636.76

1,259.44

231,875.69

160

1,896.20

640.21

1,255.99

231,235.48

161

1,896.20

643.68

1,252.53

230,591.80

162

1,896.20

647.17

1,249.04

229,944.64

163

1,896.20

650.67

1,245.53

229,293.97

164

1,896.20

654.20

1,242.01

228,639.77

165

1,896.20

657.74

1,238.47

227,982.03

166

1,896.20

661.30

1,234.90

227,320.73

167

1,896.20

664.88

1,231.32

226,655.85

168

1,896.20

668.48

1,227.72

225,987.36

169

1,896.20

672.11

1,224.10

225,315.26

170

1,896.20

675.75

1,220.46

224,639.51

171

1,896.20

679.41

1,216.80

223,960.10

172

1,896.20

683.09

1,213.12

223,277.02

173

1,896.20

686.79

1,209.42

222,590.23

174

1,896.20

690.51

1,205.70

221,899.72

175

1,896.20

694.25

1,201.96

221,205.48

176

1,896.20

698.01

1,198.20

220,507.47

177

1,896.20

701.79

1,194.42

219,805.68

178

1,896.20

705.59

1,190.61

219,100.09

179

1,896.20

709.41

1,186.79

218,390.68

180

1,896.20

713.25

1,182.95

217,677.42

181

1,896.20

717.12

1,179.09

216,960.31

182

1,896.20

721.00

1,175.20

216,239.30

183

1,896.20

724.91

1,171.30

215,514.40

184

1,896.20

728.83

1,167.37

214,785.56

185

1,896.20

732.78

1,163.42

214,052.78

186

1,896.20

736.75

1,159.45

213,316.03

187

1,896.20

740.74

1,155.46

212,575.28

188

1,896.20

744.75

1,151.45

211,830.53

189

1,896.20

748.79

1,147.42

211,081.74

190

1,896.20

752.84

1,143.36

210,328.90

191

1,896.20

756.92

1,139.28

209,571.97

192

1,896.20

761.02

1,135.18

208,810.95

193

1,896.20

765.14

1,131.06

208,045.81

194

1,896.20

769.29

1,126.91

207,276.52

195

1,896.20

773.46

1,122.75

206,503.06

196

1,896.20

777.65

1,118.56

205,725.42

197

1,896.20

781.86

1,114.35

204,943.56

198

1,896.20

786.09

1,110.11

204,157.46

199

1,896.20

790.35

1,105.85

203,367.11

200

1,896.20

794.63

1,101.57

202,572.48

201

1,896.20

798.94

1,097.27

201,773.54

202

1,896.20

803.26

1,092.94

200,970.28

203

1,896.20

807.62

1,088.59

200,162.67

204

1,896.20

811.99

1,084.21

199,350.68

205

1,896.20

816.39

1,079.82

198,534.29

206

1,896.20

820.81

1,075.39

197,713.48

207

1,896.20

825.26

1,070.95

196,888.22

208

1,896.20

829.73

1,066.48

196,058.50

209

1,896.20

834.22

1,061.98

195,224.28

210

1,896.20

838.74

1,057.46

194,385.54

211

1,896.20

843.28

1,052.92

193,542.25

212

1,896.20

847.85

1,048.35

192,694.40

213

1,896.20

852.44

1,043.76

191,841.96

214

1,896.20

857.06

1,039.14

190,984.90

215

1,896.20

861.70

1,034.50

190,123.20

216

1,896.20

866.37

1,029.83

189,256.83

217

1,896.20

871.06

1,025.14

188,385.77

218

1,896.20

875.78

1,020.42

187,509.98

219

1,896.20

880.52

1,015.68

186,629.46

220

1,896.20

885.29

1,010.91

185,744.16

221

1,896.20

890.09

1,006.11

184,854.07

222

1,896.20

894.91

1,001.29

183,959.16

223

1,896.20

899.76

996.45

183,059.40

224

1,896.20

904.63

991.57

182,154.77

225

1,896.20

909.53

986.67

181,245.24

226

1,896.20

914.46

981.75

180,330.78

227

1,896.20

919.41

976.79

179,411.37

228

1,896.20

924.39

971.81

178,486.98

229

1,896.20

929.40

966.80

177,557.58

230

1,896.20

934.43

961.77

176,623.14

231

1,896.20

939.50

956.71

175,683.65

232

1,896.20

944.58

951.62

174,739.06

233

1,896.20

949.70

946.50

173,789.36

234

1,896.20

954.85

941.36

172,834.52

235

1,896.20

960.02

936.19

171,874.50

236

1,896.20

965.22

930.99

170,909.28

237

1,896.20

970.45

925.76

169,938.84

238

1,896.20

975.70

920.50

168,963.14

239

1,896.20

980.99

915.22

167,982.15

240

1,896.20

986.30

909.90

166,995.85

241

1,896.20

991.64

904.56

166,004.20

242

1,896.20

997.01

899.19

165,007.19

243

1,896.20

1,002.42

893.79

164,004.77

244

1,896.20

1,007.84

888.36

162,996.93

245

1,896.20

1,013.30

882.90

161,983.63

246

1,896.20

1,018.79

877.41

160,964.83

247

1,896.20

1,024.31

871.89

159,940.52

248

1,896.20

1,029.86

866.34

158,910.66

249

1,896.20

1,035.44

860.77

157,875.22

250

1,896.20

1,041.05

855.16

156,834.18

251

1,896.20

1,046.69

849.52

155,787.49

252

1,896.20

1,052.36

843.85

154,735.14

253

1,896.20

1,058.06

838.15

153,677.08

254

1,896.20

1,063.79

832.42

152,613.29

255

1,896.20

1,069.55

826.66

151,543.75

256

1,896.20

1,075.34

820.86

150,468.40

257

1,896.20

1,081.17

815.04

149,387.24

258

1,896.20

1,087.02

809.18

148,300.21

259

1,896.20

1,092.91

803.29

147,207.30

260

1,896.20

1,098.83

797.37

146,108.47

261

1,896.20

1,104.78

791.42

145,003.69

262

1,896.20

1,110.77

785.44

143,892.92

263

1,896.20

1,116.78

779.42

142,776.14

264

1,896.20

1,122.83

773.37

141,653.30

265

1,896.20

1,128.92

767.29

140,524.39

266

1,896.20

1,135.03

761.17

139,389.36

267

1,896.20

1,141.18

755.03

138,248.18

268

1,896.20

1,147.36

748.84

137,100.82

269

1,896.20

1,153.57

742.63

135,947.25

270

1,896.20

1,159.82

736.38

134,787.42

271

1,896.20

1,166.11

730.10

133,621.32

272

1,896.20

1,172.42

723.78

132,448.89

273

1,896.20

1,178.77

717.43

131,270.12

274

1,896.20

1,185.16

711.05

130,084.96

275

1,896.20

1,191.58

704.63

128,893.39

276

1,896.20

1,198.03

698.17

127,695.36

277

1,896.20

1,204.52

691.68

126,490.83

278

1,896.20

1,211.05

685.16

125,279.79

279

1,896.20

1,217.61

678.60

124,062.18

280

1,896.20

1,224.20

672.00

122,837.98

281

1,896.20

1,230.83

665.37

121,607.15

282

1,896.20

1,237.50

658.71

120,369.65

283

1,896.20

1,244.20

652.00

119,125.45

284

1,896.20

1,250.94

645.26

117,874.51

285

1,896.20

1,257.72

638.49

116,616.79

286

1,896.20

1,264.53

631.67

115,352.26

287

1,896.20

1,271.38

624.82

114,080.88

288

1,896.20

1,278.27

617.94

112,802.62

289

1,896.20

1,285.19

611.01

111,517.43

290

1,896.20

1,292.15

604.05

110,225.28

291

1,896.20

1,299.15

597.05

108,926.13

292

1,896.20

1,306.19

590.02

107,619.94

293

1,896.20

1,313.26

582.94

106,306.68

294

1,896.20

1,320.38

575.83

104,986.30

295

1,896.20

1,327.53

568.68

103,658.77

296

1,896.20

1,334.72

561.49

102,324.05

297

1,896.20

1,341.95

554.26

100,982.10

298

1,896.20

1,349.22

546.99

99,632.89

299

1,896.20

1,356.53

539.68

98,276.36

300

1,896.20

1,363.87

532.33

96,912.49

301

1,896.20

1,371.26

524.94

95,541.22

302

1,896.20

1,378.69

517.51

94,162.54

303

1,896.20

1,386.16

510.05

92,776.38

304

1,896.20

1,393.67

502.54

91,382.71

305

1,896.20

1,401.21

494.99

89,981.50

306

1,896.20

1,408.80

487.40

88,572.69

307

1,896.20

1,416.44

479.77

87,156.26

308

1,896.20

1,424.11

472.10

85,732.15

309

1,896.20

1,431.82

464.38

84,300.33

310

1,896.20

1,439.58

456.63

82,860.75

311

1,896.20

1,447.37

448.83

81,413.38

312

1,896.20

1,455.21

440.99

79,958.16

313

1,896.20

1,463.10

433.11

78,495.07

314

1,896.20

1,471.02

425.18

77,024.04

315

1,896.20

1,478.99

417.21

75,545.05

316

1,896.20

1,487.00

409.20

74,058.05

317

1,896.20

1,495.06

401.15

72,562.99

318

1,896.20

1,503.15

393.05

71,059.84

319

1,896.20

1,511.30

384.91

69,548.54

320

1,896.20

1,519.48

376.72

68,029.06

321

1,896.20

1,527.71

368.49

66,501.35

322

1,896.20

1,535.99

360.22

64,965.36

323

1,896.20

1,544.31

351.90

63,421.05

324

1,896.20

1,552.67

343.53

61,868.38

325

1,896.20

1,561.08

335.12

60,307.29

326

1,896.20

1,569.54

326.66

58,737.75

327

1,896.20

1,578.04

318.16

57,159.71

328

1,896.20

1,586.59

309.62

55,573.12

329

1,896.20

1,595.18

301.02

53,977.94

330

1,896.20

1,603.82

292.38

52,374.12

331

1,896.20

1,612.51

283.69

50,761.61

332

1,896.20

1,621.25

274.96

49,140.36

333

1,896.20

1,630.03

266.18

47,510.33

334

1,896.20

1,638.86

257.35

45,871.48

335

1,896.20

1,647.73

248.47

44,223.74

336

1,896.20

1,656.66

239.55

42,567.08

337

1,896.20

1,665.63

230.57

40,901.45

338

1,896.20

1,674.65

221.55

39,226.80

339

1,896.20

1,683.73

212.48

37,543.07

340

1,896.20

1,692.85

203.36

35,850.23

341

1,896.20

1,702.02

194.19

34,148.21

342

1,896.20

1,711.23

184.97

32,436.98

343

1,896.20

1,720.50

175.70

30,716.47

344

1,896.20

1,729.82

166.38

28,986.65

345

1,896.20

1,739.19

157.01

27,247.46

346

1,896.20

1,748.61

147.59

25,498.84

347

1,896.20

1,758.09

138.12

23,740.76

348

1,896.20

1,767.61

128.60

21,973.15

349

1,896.20

1,777.18

119.02

20,195.97

350

1,896.20

1,786.81

109.39

18,409.16

351

1,896.20

1,796.49

99.72

16,612.67

352

1,896.20

1,806.22

89.99

14,806.45

353

1,896.20

1,816.00

80.20

12,990.45

354

1,896.20

1,825.84

70.36

11,164.61

355

1,896.20

1,835.73

60.47

9,328.88

356

1,896.20

1,845.67

50.53

7,483.21

357

1,896.20

1,855.67

40.53

5,627.54

358

1,896.20

1,865.72

30.48

3,761.82

359

1,896.20

1,875.83

20.38

1,885.99

360

1,896.20

1,885.99

10.22

0.00

What is the Loan / EMI Calculator?

How to use the Loan / EMI Calculator?

Enter the loan amount and rate

Set the term

Enter the loan term and switch between years and months. A 30-year mortgage, a 60-month car loan, and a 24-month personal loan are all entered the same way.

Add an optional extra payment

If you plan to pay more than the required instalment each month, enter that amount. The calculator shows the interest saved and the months shaved off compared with paying only the EMI.

Read the schedule and copy the result

Review the monthly or yearly amortization table to see how each payment splits between interest and principal, then copy the summary for a spreadsheet, email, or loan comparison.

Key Features

Standard Amortization Formula

Uses EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), the same calculation lenders use, so results match the payment on a real loan offer

Full Amortization Schedule

Every payment broken into interest, principal, and remaining balance — viewable payment by payment or collapsed into a yearly summary

Extra Payment Savings

Add an extra monthly amount and see exactly how much interest you avoid and how many months earlier the loan is cleared versus the base schedule

Principal vs Interest Breakdown

A visual bar showing what share of your total repayment is the money you borrowed and what share is the cost of borrowing it

Frequently Asked Questions

Command Palette

Loan / EMI Calculator

Amortization schedule

What is the Loan / EMI Calculator?

How to use the Loan / EMI Calculator?

Enter the loan amount and rate

Set the term

Add an optional extra payment

Read the schedule and copy the result

Key Features

Standard Amortization Formula

Full Amortization Schedule

Extra Payment Savings

Principal vs Interest Breakdown

Frequently Asked Questions

Related Tools

Percentage Calculator

Unit Converter

Age Calculator

Comments

Loan / EMI Calculator

Amortization schedule

What is the Loan / EMI Calculator?

How to use the Loan / EMI Calculator?

Enter the loan amount and rate

Set the term

Add an optional extra payment

Read the schedule and copy the result

Key Features

Standard Amortization Formula

Full Amortization Schedule

Extra Payment Savings

Principal vs Interest Breakdown

Frequently Asked Questions

Related Tools

Percentage Calculator

Unit Converter

Age Calculator

Comments