Welcome to amortization-calc.net . This is a free and simple online tool to calculate loan repayments. Whether you are planning to take home loan, car loan, education loan, business loan or a personal home, this tool helps you understand your EMI repayments journey through a clear chart and structured monthly and annually table. So, you can clearly forecast when you are going to complete the loan payments and how much monthly EMI has to be paid before even applying for any loan.
Calculating monthly loan repayments manually can be a daunting task. Even if you are using an Excel sheet, the task is never going to be easy for you. Here’s comes the big time saver -this amortization calculator. To calculate your loan repayments, all you need to know is the interest rate that your bank is charging annually. Simply, In the given form field enter the loan amount, the time for which the loan is taken and the interest rate.Then, hit the calculate button which takes you to the result page. There you find the short repayment report along with a table (monthly and annually), repayment graph and a pie chart.
Yes - This calculator is absolutely 100% free to use. It comes with no hidden cost
It comes with many features like quick short summary, both monthly and annually loan repayment table for assessment, graphs and charts for better visualization.
You can use this calculator to calculate rapayments for any type of loan. You just need the basic data like tenure time and interest rate along with the principal amount
The results calculated are based upon the standard amortization formula. However, the actual repayment amount may vary depending upon the lender's fees and terms.
Of course, you can. This website is designed to be responsive, so that it can fit any display size of the screen and produce the same experience.
No, this website does not store your personal data or the data used by you to calculate the loan repayment.
It helps you - plan your finances better, compare loans of different lenders and saves a great deal of time.
If you have feedback, suggestions, or feature requests — we’d love to hear from you!
Email: ambuj.website@gmail.com