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Home Loan Calculator

This home loan calculator can be used to figure out monthly payments of a loan.

  The calculator accepts:
  Loan amount (in any currency)
  Percentage of down payment
  Length of loan
  Annual interest rate


Start calculation:

  Loan Information:    
1. Amount of the loan plan to apply:


2. Interest rate in percentage (%) per annum:
3. Repayment period in number of years:


  Payment Information:  
1. Monthly installment will be:
2. Total payment for entire loan tenure will be:
3. Total interest paid for entire loan tenure will be:




The above loan calculator provide an estimation of the repayment amount. The amount may be different from individual finance / banks. This loan calculator assumes that the interest rate remains constant throughout the life of the loan.

This loan calculator also assumes that the loan will be repaid in equal monthly installments through standard loan amortization (i.e., standard or extended loan repayment). The results will not be accurate for some of the alternate repayment plans, such as graduated repayment and income contingent repayment.



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