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    Loan Calculator

    A flexible loan calculator for any type of borrowing — personal loans, EMIs, student loans or business loans. Enter amount, rate and term to get the monthly EMI, total interest and full amortization schedule.

    #loan#emi#personal loan#loan payment#loan interest

    TheCalculators — Loan Calculator

    Printed thecalculators.com

    Presets
    $
    1,0001M
    %
    025
    years
    130
    $

    Live mode: results update as you type.

    Monthly EMI

    $1,239.86

    $100,000 over 120 months at 8.50%

    Total Principal
    $100,000.00
    Total Interest
    $48,782.83
    Total Payment
    $148,782.83
    Interest as % of loan
    48.8%
    Payoff Time
    10 yr 0 mo

    Principal vs interest over time

    Year 1$14,878
    Year 2$14,878
    Year 3$14,878
    Year 4$14,878
    Year 5$14,878
    Year 6$14,878
    Year 7$14,878
    Year 8$14,878
    Year 9$14,878
    Year 10$14,878
    • Principal
    • Interest

    Amortization schedule (annual)

    YearBeginningPaidPrincipalInterestEnding
    Year 1$100,000.00$14,878.28$6,632.73$8,245.55$93,367.27
    Year 2$93,367.27$14,878.28$7,219.00$7,659.28$86,148.26
    Year 3$86,148.26$14,878.28$7,857.10$7,021.18$78,291.16
    Year 4$78,291.16$14,878.28$8,551.60$6,326.69$69,739.57
    Year 5$69,739.57$14,878.28$9,307.48$5,570.80$60,432.09
    Year 6$60,432.09$14,878.28$10,130.17$4,748.11$50,301.92
    Year 7$50,301.92$14,878.28$11,025.59$3,852.69$39,276.33
    Year 8$39,276.33$14,878.28$12,000.15$2,878.13$27,276.17
    Year 9$27,276.17$14,878.28$13,060.86$1,817.43$14,215.32
    Year 10$14,215.32$14,878.28$14,215.32$662.97$0.00

    Most useful next

    Monthly EMI

    $1,239.86

    Formula

    EMI = P × r × (1+r)^n / ((1+r)^n − 1)

    FAQ

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