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Estimate your monthly payment, interest liability, and year-by-year payoff schedule for home, auto, or personal financing.
| Year | Principal Paid | Interest Paid | Total Payment | Remaining Balance |
|---|---|---|---|---|
| Year 1 | $9,378 | $18,432 | $27,810 | $240,622 |
| Year 2 | $10,106 | $17,704 | $27,810 | $230,515 |
| Year 3 | $10,891 | $16,919 | $27,810 | $219,624 |
| Year 4 | $11,737 | $16,074 | $27,810 | $207,887 |
| Year 5 | $12,648 | $15,163 | $27,810 | $195,240 |
| Year 6 | $13,630 | $14,181 | $27,810 | $181,610 |
| Year 7 | $14,688 | $13,123 | $27,810 | $166,923 |
| Year 8 | $15,828 | $11,982 | $27,810 | $151,095 |
| Year 9 | $17,057 | $10,754 | $27,810 | $134,038 |
| Year 10 | $18,381 | $9,430 | $27,810 | $115,657 |
| Year 11 | $19,808 | $8,003 | $27,810 | $95,849 |
| Year 12 | $21,346 | $6,465 | $27,810 | $74,504 |
| Year 13 | $23,003 | $4,808 | $27,810 | $51,501 |
| Year 14 | $24,788 | $3,022 | $27,810 | $26,713 |
| Year 15 | $26,713 | $1,098 | $27,810 | $0 |
Enter your loan amount, annual interest rate, and loan tenure (in years or months), and the calculator instantly shows your monthly EMI, total interest payable, and total repayment amount.
An amortization schedule breaks down each monthly payment into principal and interest components over the entire loan tenure, showing exactly how your outstanding balance decreases over time.
The calculator shows your total interest payable over the full loan tenure, along with a pie chart breakdown comparing total principal versus total interest.
Yes, switch between entering your loan tenure in years or months, and the calculation adjusts automatically.
Yes, the standard EMI formula used applies to any fixed-rate loan type, including home loans, car loans, and personal loans.
Yes, it’s completely free, and all calculations happen locally in your browser — your loan amount and financial details are never sent to or stored on a server.