Loan Calculator

This loan calculator helps you to calculate interest on loan and to generate loan amortization. Useful for loan such as housing loan, bank loan, student loan, auto loan, or car loan. It's good to count your cost.


Loan Calculator

 
%
years

Monthly Repayment () 51,320.67
Total Loan Payment () 307,924.03
Loan Amount () 300,000.00
Total Interest Paid () 7,924.03
Number of Installments [n] 6.00
Loan Rate (%) 9.00
Loan Years (years) 0.50
First Payment Date Sep-2021
Last Payment Date Feb-2022

Loan Repayment Schedule

S/N Payment Date Current Balance Monthly Repayment Interest Paid Principal Paid New Balance
S/N Payment Date Current Balance Monthly Repayment Interest Paid Principal Paid New Balance
1 Sep-2021 300,000.00 51,320.67 2,250.00 49,070.67 250,929.33
2 Oct-2021 250,929.33 51,320.67 1,881.97 49,438.70 201,490.63
3 Nov-2021 201,490.63 51,320.67 1,511.18 49,809.49 151,681.13
4 Dec-2021 151,681.13 51,320.67 1,137.61 50,183.06 101,498.07
5 Jan-2022 101,498.07 51,320.67 761.24 50,559.44 50,938.63
6 Feb-2022 50,938.63 51,320.67 382.04 50,938.63 0.00


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