๐ฐ
Modern Loan Calculator
Calculate your monthly payments with professional EMI analysis
Loan Details
Choose your loan category to set appropriate defaults
$
Range: $1,000 - $1,000,000
Range: 0.1% - 30%
Range: 1 - 50 years
๐ฆ
Select a Loan Type
Choose from the dropdown above to see typical ranges
Loan Calculation Results
Monthly Payment (EMI)
$1,686
Total Payment
$607,000
Total Interest
$357,000
Payment Period
360 months
Principal vs Interest Share
Total
$607K
Principal
41.2%
$250K
Interest
58.8%
$357K
Yearly Payments & Remaining Balance
Principal
Interest
Balance
$300K
$150K
$0
Year 1
Year 15
Year 30
Loan Summary
Principal Amount:
$250,000
Interest Rate:
6.5% per year
Loan Term:
30 years
Loan Type:
Not specified
๐ก
Quick Tip
Shorter terms reduce total interest paid but increase monthly payments. Consider your budget and financial goals when choosing your term length.
โ ๏ธ
Important: Values are estimates. Actual payments may vary based on lender, fees, and rounding.