Is this exact amortization?
It uses the standard fixed-payment amortization formula. Extra payments are not included.
Professional Grade
Loan & EMI Calculator
Compute monthly payment, total interest, and total cost for any loan with or without interest.
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Quick Guide
Master this tool in seconds
Enter loan amount (principal).
Set annual percentage rate (APR).
Choose the term in years.
Review monthly payment, total interest, and total paid.
Common Questions
Everything you need to know
Can I set a zero rate?
Yes, the calculator handles 0% APR and shows straight-line payments.