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Interest & Loan Calculator

What is this tool?

A finance workspace bundling two Interest & Loan Calculator tools: a loan/EMI calculator with an amortization schedule, and a compound interest calculator for projecting savings or investment growth.

When to use it

  • Working out a monthly loan payment before applying for financing
  • Reviewing a loan's full amortization schedule to see interest vs. principal over time
  • Projecting how a lump-sum or recurring deposit grows with compound interest
  • Comparing a loan's interest cost against potential investment growth over the same period
  • Running a few different loan or savings scenarios in one session

How to use it

  1. 1Open the Loan / EMI tab and enter the principal, interest rate and term
  2. 2Review the monthly payment and the amortization schedule
  3. 3Switch to Compound Interest and enter a starting amount, rate and time period
  4. 4Review the projected growth over time
  5. 5Adjust any input to see the numbers update instantly

Frequently asked questions

Are these calculations financial advice?

No — they're informational estimates only; consult a licensed financial advisor before making borrowing or investment decisions.

Does the loan calculator account for fees or taxes?

No — it calculates payment and interest on the principal, rate and term you enter; it doesn't include lender fees, insurance or taxes.

Is my financial data sent anywhere?

No — every calculation happens locally in your browser and nothing is saved or transmitted.

What happens if I enter a zero-length loan term?

The calculator requires a term greater than zero and will prompt you to enter one — a zero-length term has no valid monthly payment.