Loan Repayment Calculator
Calculate monthly loan payments (EMI), total interest and total amount payable.
Monthly payment
—
Total interest—
Total amount paid—
Number of payments—
Quick guide: loan repayments
Fixed-rate amortising loans often use this monthly payment formula, where r is the monthly rate and n is the number of payments:
Payment = P × [r(1+r)n] ÷ [(1+r)n − 1]
Results are estimates only and may not match a specific lender. Read more: Understanding Loan Repayments