Loan Calculator · Monthly EMI · Total Interest · Repayment Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
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Our free Loan Calculator instantly computes your exact monthly EMI payment, total interest, and complete yearly repayment schedule. Whether you need a personal loan calculator, car loan calculator, or home loan calculator — this tool handles all loan types in multiple currencies including USD, GBP, EUR, PKR, INR, AED, CAD, and AUD.
Simply enter your loan amount, annual interest rate, and loan term in years — and get accurate results in seconds. All calculations run privately in your browser with zero data stored.
The standard amortization formula is used: M = P[r(1+r)^n] / [(1+r)^n−1], where P is the loan principal, r is the monthly interest rate, and n is the total number of monthly payments.
A good personal loan interest rate is typically between 5% and 10% annually in the USA and UK. In Pakistan and India, personal loan rates usually range from 12% to 24% per year.
Choose a shorter loan term, make extra payments toward the principal, negotiate a lower interest rate by improving your credit score, and avoid missing payments.
USD, GBP, EUR, CAD, AUD, PKR, INR, AED, and SAR. Simply select your currency before entering loan details.
Never. All loan calculations run entirely within your browser. No personal or financial data is collected, stored, or transmitted to any server.