YourToolsBuddy

Loan EMI & Repayment Calculator

Calculate fixed-rate loan payments, interest and a repayment schedule, including zero-interest loans.

Enter loan amount; see assumptions below for the model limits.

Enter nominal annual interest (%); see assumptions below for the model limits.

Enter term (whole years); see assumptions below for the model limits.

Choose the option that matches your situation.

Changes the currency label; amounts are not converted.

Your results

Payment per period
$984.74
Total interest
$77,253.12
Total repayment
$177,253.12

Calculations run in your browser. Results are estimates where described below.

View full calculation schedule (180 rows)
periodpaymentprincipalinterestbalance
1984.74276.41708.3399,723.59
2984.74278.36706.3899,445.23
3984.74280.34704.499,164.89
4984.74282.32702.4298,882.57
5984.74284.32700.4298,598.25
6984.74286.34698.498,311.92
7984.74288.36696.3898,023.55
8984.74290.41694.3397,733.15
9984.74292.46692.2897,440.68
10984.74294.53690.297,146.15
11984.74296.62688.1296,849.53
12984.74298.72686.0296,550.81
13984.74300.84683.996,249.97
14984.74302.97681.7795,947
15984.74305.11679.6295,641.88
16984.74307.28677.4695,334.61
17984.74309.45675.2995,025.15
18984.74311.64673.0994,713.51
19984.74313.85670.8994,399.66
20984.74316.08668.6694,083.58
21984.74318.31666.4393,765.27
22984.74320.57664.1793,444.7
23984.74322.84661.993,121.86
24984.74325.13659.6192,796.73
25984.74327.43657.3192,469.3
26984.74329.75654.9992,139.55
27984.74332.08652.6691,807.47
28984.74334.44650.391,473.03
29984.74336.81647.9391,136.23
30984.74339.19645.5590,797.04
31984.74341.59643.1590,455.44
32984.74344.01640.7390,111.43
33984.74346.45638.2989,764.98
34984.74348.9635.8489,416.08
35984.74351.38633.3689,064.7
36984.74353.86630.8788,710.83
37984.74356.37628.3788,354.46
38984.74358.9625.8487,995.57
39984.74361.44623.387,634.13
40984.74364620.7487,270.13
41984.74366.58618.1686,903.56
42984.74369.17615.5786,534.38
43984.74371.79612.9586,162.6
44984.74374.42610.3285,788.18
45984.74377.07607.6785,411.1
46984.74379.7460585,031.36
47984.74382.43602.3184,648.92
48984.74385.14599.684,263.78
49984.74387.87596.8783,875.91
50984.74390.62594.1283,485.29
51984.74393.39591.3583,091.91
52984.74396.17588.5782,695.73
53984.74398.98585.7682,296.76
54984.74401.8582.9481,894.95
55984.74404.65580.0981,490.3
56984.74407.52577.2281,082.78
57984.74410.4574.3480,672.38
58984.74413.31571.4380,259.07
59984.74416.24568.579,842.83
60984.74419.19565.5579,423.65
61984.74422.16562.5879,001.49
62984.74425.15559.5978,576.35
63984.74428.16556.5878,148.19
64984.74431.19553.5577,717
65984.74434.24550.577,282.75
66984.74437.32547.4276,845.43
67984.74440.42544.3276,405.02
68984.74443.54541.275,961.48
69984.74446.68538.0675,514.8
70984.74449.84534.975,064.96
71984.74453.03531.7174,611.93
72984.74456.24528.574,155.69
73984.74459.47525.2773,696.22
74984.74462.72522.0173,233.49
75984.74466518.7472,767.49
76984.74469.3515.4472,298.19
77984.74472.63512.1171,825.56
78984.74475.98508.7671,349.59
79984.74479.35505.3970,870.24
80984.74482.7450270,387.5
81984.74486.16498.5869,901.34
82984.74489.61495.1369,411.73
83984.74493.07491.6768,918.66
84984.74496.57488.1768,422.09
85984.74500.08484.6667,922.01
86984.74503.63481.1167,418.38
87984.74507.19477.5566,911.19
88984.74510.79473.9566,400.41
89984.74514.4470.3465,886
90984.74518.05466.6965,367.96
91984.74521.72463.0264,846.24
92984.74525.41459.3364,320.83
93984.74529.13455.6163,791.69
94984.74532.88451.8663,258.81
95984.74536.66448.0862,722.16
96984.74540.46444.2862,181.7
97984.74544.29440.4561,637.41
98984.74548.14436.661,089.27
99984.74552.02432.7260,537.25
100984.74555.93428.8159,981.31
101984.74559.87424.8759,421.44
102984.74563.84420.958,857.6
103984.74567.83416.9158,289.77
104984.74571.85412.8957,717.92
105984.74575.9408.8457,142.01
106984.74579.98404.7656,562.03
107984.74584.09400.6555,977.94
108984.74588.23396.5155,389.71
109984.74592.4392.3454,797.31
110984.74596.59388.1554,200.72
111984.74600.82383.9253,599.9
112984.74605.07379.6752,994.83
113984.74609.36375.3852,385.47
114984.74613.68371.0651,771.8
115984.74618.02366.7251,153.77
116984.74622.4362.3450,531.37
117984.74626.81357.9349,904.56
118984.74631.25353.4949,273.31
119984.74635.72349.0248,637.59
120984.74640.22344.5247,997.37
121984.74644.76339.9847,352.61
122984.74649.33335.4146,703.29
123984.74653.92330.8146,049.36
124984.74658.56326.1845,390.81
125984.74663.22321.5244,727.58
126984.74667.92316.8244,059.67
127984.74672.65312.0943,387.02
128984.74677.41307.3242,709.6
129984.74682.21302.5342,027.39
130984.74687.05297.6941,340.34
131984.74691.91292.8340,648.43
132984.74696.81287.9339,951.62
133984.74701.75282.9939,249.87
134984.74706.72278.0238,543.15
135984.74711.73273.0137,831.42
136984.74716.77267.9737,114.66
137984.74721.84262.936,392.81
138984.74726.96257.7835,665.85
139984.74732.11252.6334,933.75
140984.74737.29247.4534,196.46
141984.74742.51242.2233,453.94
142984.74747.77236.9732,706.17
143984.74753.07231.6731,953.1
144984.74758.41226.3331,194.69
145984.74763.78220.9630,430.91
146984.74769.19215.5529,661.73
147984.74774.64210.128,887.09
148984.74780.12204.6228,106.97
149984.74785.65199.0927,321.32
150984.74791.21193.5326,530.11
151984.74796.82187.9225,733.29
152984.74802.46182.2824,930.83
153984.74808.15176.5924,122.68
154984.74813.87170.8723,308.81
155984.74819.64165.122,489.17
156984.74825.44159.321,663.73
157984.74831.29153.4520,832.44
158984.74837.18147.5619,995.27
159984.74843.11141.6319,152.16
160984.74849.08135.6618,303.08
161984.74855.09129.6517,447.99
162984.74861.15123.5916,586.84
163984.74867.25117.4915,719.59
164984.74873.39111.3514,846.2
165984.74879.58105.1613,966.62
166984.74885.8198.9313,080.81
167984.74892.0892.6612,188.73
168984.74898.486.3411,290.32
169984.74904.7779.9710,385.56
170984.74911.1873.569,474.38
171984.74917.6367.118,556.75
172984.74924.1360.617,632.62
173984.74930.6854.066,701.95
174984.74937.2747.475,764.68
175984.74943.9140.834,820.77
176984.74950.5934.153,870.18
177984.74957.3327.412,912.86
178984.74964.1120.631,948.75
179984.74970.9413.8977.81
180984.74977.816.930

How the calculation works

Payment = P × r ÷ [1 − (1 + r)⁻ⁿ]. At zero interest, payment = P ÷ n.

Worked example

12,000 at 0% for one year, paid monthly, gives 1,000 per month and zero interest.

Assumptions and limits

Fixed nominal annual rate divided by payments per year. Fees, taxes, changing rates and lender-specific rounding are excluded. EMI applies to monthly payments; other frequencies show payment per period.

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