Loan Calculator

Calculate monthly loan payments, total interest, and total amount paid. Works for mortgages, auto loans, and personal loans.

Loan Amount ($)

Interest Rate (% p.a.)

Loan Term (years)

Monthly Payment

$1,580.17

Total Interest

$318,861

Total Paid

$568,861

Frequently Asked Questions

How is the monthly payment calculated?▼

Using the standard amortization formula: M = P[r(1+r)^n]/[(1+r)^n-1] where P=principal, r=monthly rate, n=months.

Calculate monthly EMI for home loans, car loans, and personal loans. See total interest and payment breakdown.

Calculate compound interest with different compounding frequencies. See total amount, interest earned, and growth over time.

Calculate SIP (Systematic Investment Plan) returns. See future value, total investment, and estimated returns.