Loan & Mortgage
Personal Loan Calculator
Estimate personal loan EMIs, total interest and cost including processing fees for 1–7 year terms.
EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1)
Also called personal loan emi · personal loan interest
Personal Finance · 16 calculators
Loan & Mortgage Calculators
EMI and monthly payments, amortisation schedules, extra payments, refinancing and loan comparisons.
Loan & Mortgage
Home Loan Calculator
Home loan EMI calculator with down payment: monthly instalment, interest over the full tenure and yearly schedule.
EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1)
Also called home loan emi · housing loan calculator
Loan & Mortgage
Auto Loan Calculator
Car loan payment calculator: monthly payment, total interest and amount financed after your down payment.
EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1)
Also called car loan calculator · car loan emi
Loan & Mortgage
Student Loan Calculator
Estimate monthly student loan repayments, total interest and payoff time for a standard repayment plan.
EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1)
Also called education loan calculator · student loan repayment
Loan & Mortgage
Mortgage Calculator
Full monthly mortgage cost including principal, interest, property tax, home insurance, PMI and HOA fees.
Monthly = P&I + tax/12 + insurance/12 + P…
Also called mortgage calculator with taxes and insurance · piti calculator
Loan & Mortgage
Mortgage Payment Calculator
Principal-and-interest mortgage payment from home price, down payment, rate and term, with a yearly amortization schedule.
EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1)
Also called mortgage payment formula · p&i payment
Loan & Mortgage
Loan Amortization Calculator
Generate a full month-by-month amortization schedule showing principal, interest and remaining balance for every payment.
Interestₖ = Balanceₖ₋₁ × r
Also called amortization schedule · amortization table
Loan & Mortgage
Loan Repayment Calculator
See how long it takes to repay a loan with a fixed monthly payment you choose, and the total interest you’ll pay.
n = −ln(1 − rB/P) / ln(1 + r)
Also called how long to pay off loan · repayment period
Loan & Mortgage
Loan Interest Calculator
Total interest cost of a loan and how it splits by year — compare simple vs amortizing interest.
Total interest = n × payment − P
Also called interest on loan · total loan interest
Loan & Mortgage
Loan Tenure Calculator
Find how many months or years a loan will last for a given EMI you can afford, and the interest paid.
n = log(EMI / (EMI − P·r)) / log(1 + r)
Also called loan term calculator · emi to tenure
Loan & Mortgage
Extra Payment Calculator
See how extra monthly payments shorten a loan, mortgage or credit card and how much interest you save.
Extra goes straight to principal, cutting…
Also called prepayment calculator · pay off loan early
Loan & Mortgage
Balloon Payment Calculator
Monthly payment and final balloon amount for a loan amortized over a long period but due after a shorter term.
Balloon = P(1 + r)ᵏ − PMT·((1 + r)ᵏ − 1)/r
Also called balloon loan · balloon mortgage
Loan & Mortgage
Refinance Calculator
Should you refinance? Compare your current loan with a new rate and term: monthly savings, break-even point and lifetime savings.
Break-even months = closing costs ÷ month…
Also called mortgage refinance calculator · refinancing savings
Loan & Mortgage
Loan Comparison Calculator
Compare two loan offers side by side — monthly payment, total interest, fees and total cost — to find the cheaper one.
Total cost = Σ payments + fees
Also called compare loans · loan offer comparison
Loan & Mortgage
Debt Consolidation Calculator
Compare paying several debts separately with one consolidation loan: monthly payment, payoff time and interest saved.
Compare Σ interest(each debt) with intere…
Also called consolidate debt · consolidation loan calculator
Loan & Mortgage
Loan-to-Value Calculator
Calculate your loan-to-value (LTV) ratio and combined LTV, and see how much equity you have in a property.
LTV = loan ÷ property value × 100
Also called ltv calculator · loan to value ratio
Key loan & mortgage formulas
| Personal Loan | EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1) |
|---|---|
| Home Loan | EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1) |
| Auto Loan | EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1) |
| Student Loan | EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1) |
| Mortgage | Monthly = P&I + tax/12 + insurance/12 + PMI + HOA |
| Mortgage Payment | EMI = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1) |
| Loan Amortization | Interestₖ = Balanceₖ₋₁ × r · Principalₖ = Payment − Interestₖ |
| Loan Repayment | n = −ln(1 − rB/P) / ln(1 + r) |
| Loan Interest | Total interest = n × payment − P |
| Loan Tenure | n = log(EMI / (EMI − P·r)) / log(1 + r) |
Loan & Mortgage questions
How is the monthly payment calculated?
With the standard amortization (EMI) formula M = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1), where P is the loan amount, r the monthly interest rate (annual rate ÷ 12) and n the number of monthly payments.
How is the monthly payment calculated?
With the standard amortization (EMI) formula M = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1), where P is the loan amount, r the monthly interest rate (annual rate ÷ 12) and n the number of monthly payments.
How is the monthly payment calculated?
With the standard amortization (EMI) formula M = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1), where P is the loan amount, r the monthly interest rate (annual rate ÷ 12) and n the number of monthly payments.
How is the monthly payment calculated?
With the standard amortization (EMI) formula M = P·r·(1 + r)ⁿ / ((1 + r)ⁿ − 1), where P is the loan amount, r the monthly interest rate (annual rate ÷ 12) and n the number of monthly payments.
How can I avoid PMI?
Put at least 20% down, or request cancellation once your loan balance falls to 80% of the home’s original value.