Loan Calculator
Calculate monthly loan payments, total interest and total paid.
Monthly payment
195.66
Total interest
1,739.69
Total paid
11,739.69
Estimate your monthly loan payment (EMI), total interest and total amount paid from the principal, rate and term.
How to use
- Enter the loan amount.
- Enter the annual interest rate and term.
- See the monthly payment and totals.
Frequently asked questions
- Which formula is used?
- The standard amortizing loan (EMI) formula.
- Does it include fees?
- No, only principal and interest.