Loan Calculator
Calculate monthly payments, total interest, and payoff time for personal loans, student loans, or any installment loan
Loan Details
Loan Summary
Payment Schedule
| Payment Date | Payment | Principal | Interest | Extra Payment | Balance |
|---|
Title: Loan Calculator EMI, Interest & Repayment Planner
Description: Calculate monthly EMIs, interest, and repayment timelines with our easy-to-use Loan Calculator. Great for personal, business, or education loans.
Loan Calculator
Quickly calculate EMIs and total interest with this all-in-one Loan Calculator. Useful for any type of personal or business loan planning.
- 💳 Flexible loan types
- 🌐 Global currency support
- ⌚ Instant results
$ - Loan Calculator
- Calculate monthly payments, total interest, and payoff time for personal loans, student loans, or any installment loan
- ✓Easy Payment Estimation
- ✓Interest Breakdown
- ✓Amortization Schedule
Loan Details - Loan Amount ($)
- $1,000$1,000,000Annual Interest Rate (%)
- 0.1%30%Loan Term Years Months Payment Frequency Monthly Bi-Weekly Weekly Extra Monthly Payment ($)
Calculate Loan Details
Loan Summary - Monthly Payment
- $477.53
- Total Interest
- $3651.74
- Total Amount
- $28651.74
- Payoff Time
- 5 years, 1 monthPrincipal vs. Interest Breakdown
Payment Schedule
| Payment Date | Payment | Principal | Interest | Extra Payment | Balance |
|---|---|---|---|---|---|
| Sep 3, 2025 | $477.53 | $362.95 | $114.58 | $0.00 | $24637.05 |
| Oct 3, 2025 | $477.53 | $364.61 | $112.92 | $0.00 | $24272.45 |
| Nov 3, 2025 | $477.53 | $366.28 | $111.25 | $0.00 | $23906.16 |
| Dec 3, 2025 | $477.53 | $367.96 | $109.57 | $0.00 | $23538.21 |
| Jan 3, 2026 | $477.53 | $369.65 | $107.88 | $0.00 | $23168.56 |
| … 50 payments not shown … | |||||
| Apr 3, 2030 | $477.53 | $466.73 | $10.79 | $0.00 | $1888.43 |
| May 3, 2030 | $477.53 | $468.87 | $8.66 | $0.00 | $1419.55 |
| Jun 3, 2030 | $477.53 | $471.02 | $6.51 | $0.00 | $948.53 |
| Jul 3, 2030 | $477.53 | $473.18 | $4.35 | $0.00 | $475.35 |
| Aug 3, 2030 | $477.53 | $475.35 | $2.18 | $0.00 | $0.00 |
Total Principal: $25000.00
Total Interest: $3651.74
Total Paid: $28651.74
Loan Calculator
Disclaimer: This calculator provides estimates only. Actual loan terms may vary based on lender requirements and creditworthiness.
Amortized Loan: Fixed Amount Paid Periodically
The word “loan” will probably refer to this type in everyday conversation, not the type in the second or third calculation. Below are links to calculators related to loans that fall under this category, which can provide more information or allow specific calculations involving each type of loan. Instead of using this Loan Calculator, it may be more useful to use any of the following for each specific need:
Loan Calculator
A loan calculator is your gateway to understanding borrowing costs and payment schedules. This versatile loan calculator works with personal loans, business loans, student loans, and other financing options to give you clear financial insights.
The loan calculator simplifies complex financial mathematics into easy-to-understand results. By entering your loan amount, interest rate, and repayment term, the loan calculator instantly shows your monthly payment obligations.
Our comprehensive loan calculator includes amortization schedules and total interest calculations. This detailed loan calculator helps you compare different loan offers and choose the most cost-effective financing option for your needs.
The loan calculator features advanced options for extra payments and early payoff scenarios. This flexible loan calculator shows how additional payments can save you thousands of dollars in interest over the life of your loan.
Secured Loan:
The most common secured loans are mortgages and auto loans. In these examples, the lender holds the deed or title, which is a representation of ownership, until the secured loan is fully paid. Defaulting on a mortgage typically results in the bank foreclosing on a home, while not paying a car loan means that the lender can repossess the car.Lenders are generally hesitant to lend large amounts of money with no guarantee. Secured loans reduce the risk of the borrower defaulting since they risk losing whatever asset they put up as collateral. If the collateral is worth less than the outstanding debt, the borrower can still be liable for the remainder of the debt.Secured loans generally have a higher chance of approval compared to unsecured loans and can be a better option for those who would not qualify for an unsecured loan,
Financial advisors trust our loan calculator for its accuracy and reliability. The loan calculator uses industry-standard formulas to ensure precise calculations that you can depend on for your financial planning decisions.
Whether you need a small personal loan or major business financing, this loan calculator handles all scenarios. The loan calculator’s versatility makes it perfect for evaluating any type of installment loan or credit arrangement.
Make smart borrowing decisions with our powerful loan calculator. This loan calculator empowers you to negotiate better terms and understand the true cost of financing before you sign any loan documents.
