Free Business Tool

Loan Calculator

Calculate loan EMI, total payment, and total interest with flat or reducing balance interest options.

Fast Result
Instant loan result without page reload.
Flexible Input
Choose tenure and interest type based on your loan model.
Clear Breakdown
See EMI, total payment, and total interest instantly.

Loan Calculator

Enter loan amount, annual interest rate, tenure, and interest type to calculate your loan instantly.

How to use

  • Enter the loan amount you want to calculate.
  • Enter the annual interest rate in percentage.
  • Enter the loan tenure and choose months or years.
  • Select flat or reducing balance interest type.
  • Click Calculate to get EMI and payment breakdown instantly.

Interest types

  • Reducing Balance: Interest is calculated on the outstanding loan balance.
  • Flat Interest: Interest is calculated on the full loan amount for the entire tenure.
  • This helps compare different loan offers before borrowing.