LOAN PLANNER

Loan & EMI Calculator

Understand your monthly payment and the cost of borrowing.

Loan details

Changes the currency and rounding only. No exchange-rate conversion.

Enter numbers without thousands separators. Maximum: 1,000,000,000,000.

Fixed nominal rate, from 0% to 100%. Use the interest rate, not an APR that includes fees.

Loan term

Total term: 1 to 600 months. For 13 months, enter 1 year and 1 extra month.

Optional. Applied to principal from the first payment.

Your payment estimate will appear here.

How this estimate works

Fixed-rate, reducing-balance loan with payments at the end of each month. Monthly interest equals the annual nominal rate divided by 12. This is not a flat-rate or daily-interest calculator.

Payments and monthly interest are rounded to the currency's minor unit. The final payment is adjusted to clear the balance; small rounding differences may change the payoff month.

Excludes fees, insurance, taxes, changing rates and early-repayment penalties. Extra payments assume your lender applies them immediately to principal. Compare the estimate with your lender's schedule.

This calculator works in your browser and does not send your entries to a server.