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대출 계산기

모든 대출에 대한 월 납입금, 총 이자 및 상환 일정 계산

$

Total Principal

$100,000

Total Interest

$108,278

Total Payable

$208,278

Monthly EMI

$868
Payment FrequencyMonthly
Total Payments240 months

Savings Tip

Increasing your monthly payment by just 10% could save you thousands in interest and reduce your loan term by years.

Loan & EMI Calculator

Calculate your monthly EMI (Equated Monthly Installment), total payment, and total interest for any loan. Compare different loan amounts, interest rates, and tenures.

FAQ

How is EMI calculated?

EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]. Where P = principal, R = monthly interest rate, N = number of months.

What is the difference between flat rate and reducing balance?

Flat rate charges interest on the full principal throughout the loan. Reducing balance charges interest only on the outstanding principal — this is more common and cheaper for borrowers.

Should I choose a shorter or longer loan term?

Shorter terms have higher EMI but lower total interest. Longer terms have lower EMI but you pay much more interest overall. Choose based on your cash flow needs.

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