🏦 Loan Calculator
🔒 No signup, no login — free to use. This tool runs entirely in your browser; your numbers and files never leave your device.
Enter the loan amount, interest rate and duration to see your monthly payment and the total interest you will pay.
What Does a Loan Really Cost?
The monthly payment is only part of the story. A loan of Rs 1,000,000 at 14% for 5 years costs about Rs 395,000 in interest — almost 40% extra. The same loan over 3 years costs less interest but a bigger monthly payment. Always compare the total interest, not just the monthly figure, and check for processing fees before you sign. A shorter loan is usually cheaper overall if you can afford the monthly payment.
Read the full guide: How to Calculate a Loan Payment? Formula and Examples | ← Back to all tools