Free calculators and unit converters for general and everyday use.
Our online tools will provide quick answers to your calculation and conversion needs. On this page, you can calculate repayment amount for fixed-rate mortgage loans, home loans and/ or car loans. You can also generate amortization schedule for daily, monthly and yearly repayments.
Switch to basic loan calculator for monthly payments/ emi used by banks and financial institutions.
Use this loan calculator to compare loans and/ or create detailed loan amortization schedule for break-up on principal/ interest payments. Following are the fields used in the calculation:-
Repay Select daily, monthly, quarterly, half-yearly or yearly repayments.
Loan Amount is the amount borrowed. If you are refinancing your existing loan, use the current loan balance as loan amount.
Interest Rate is the annual interest rate applicable on the loan amount.
No. of payments is the total number of installments to repay the loan. For a 5 year loan with monthly repayments, no. of payments = 5*12 = 60.
Compounding period is usually the same as repayment period in most loan calculations. However, you can set different compound and payment intervals.