See your monthly payment, total interest, and total cost for any loan or mortgage — calculated instantly in your browser.
Monthly payment
$1,863.93
over 240 payments
Total interest
$197,343.88
Total repayment
$447,343.88
Principal vs. interest
Estimates use the standard reducing-balance (amortizing) formula for illustration only and exclude fees, taxes, and insurance. Confirm exact figures with your lender. This is not financial advice.
This loan calculator works out the monthly payment (EMI), total interest, and total repayment for any amortizing loan — a mortgage, car loan, student loan, or personal loan. Enter the amount you want to borrow, the annual interest rate, and the term in years, and the result updates instantly as you type. It uses the standard reducing-balance formula that banks use, so the monthly figure matches a typical fixed-rate loan schedule.
Seeing the total interest separately from the principal is the single most useful thing a borrower can do before signing. A small change in rate or term can add or save thousands over the life of a loan, and the principal-vs-interest bar makes that trade-off obvious at a glance. Everything is calculated locally in your browser — no numbers are sent anywhere.
Full Guide Available
Understand EMI, amortization, APR vs interest rate, and how term and rate change the true cost of a loan.
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