Loan Calculator
See the full picture of a loan: monthly payment, total interest and a year-by-year amortization table showing principal and interest splits.
EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1) — the standard reducing-balance formula used by banks, where r is the monthly rate and n the number of months.
Yearly amortization schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | 9,951 | 42,118 | 490,049 |
| 2 | 10,831 | 41,239 | 479,218 |
| 3 | 11,788 | 40,281 | 467,430 |
| 4 | 12,830 | 39,239 | 454,600 |
| 5 | 13,964 | 38,105 | 440,636 |
| 6 | 15,198 | 36,871 | 425,438 |
| 7 | 16,542 | 35,528 | 408,896 |
| 8 | 18,004 | 34,065 | 390,892 |
| 9 | 19,595 | 32,474 | 371,296 |
| 10 | 21,327 | 30,742 | 349,969 |
| 11 | 23,213 | 28,857 | 326,757 |
| 12 | 25,264 | 26,805 | 301,492 |
| 13 | 27,497 | 24,572 | 273,995 |
| 14 | 29,928 | 22,141 | 244,067 |
| 15 | 32,573 | 19,496 | 211,494 |
| 16 | 35,452 | 16,617 | 176,041 |
| 17 | 38,586 | 13,483 | 137,455 |
| 18 | 41,997 | 10,073 | 95,458 |
| 19 | 45,709 | 6,360 | 49,749 |
| 20 | 49,749 | 2,320 | 0 |
This tool runs entirely in your browser. Your data never leaves your device — it is not uploaded to any server.
How to use
- 1Enter the loan amount, annual rate and tenure in years or months.
- 2Read the monthly payment, total interest and total repayment.
- 3Scroll through the yearly table to see principal, interest and remaining balance per year.
Loan Calculator
Everything the EMI view gives you — monthly payment, total interest, total repayment — plus a yearly amortization schedule that shows exactly how much of each year's payments is interest and how much is principal, and what balance remains at the end of every year.
It is the fastest way to understand why extra payments in the early years are so valuable: the table makes the interest-heavy years impossible to miss.
Frequently asked questions
What is an amortization schedule?
A period-by-period breakdown of a fixed-payment loan. Each payment is split into the interest owed on the current balance and the principal it retires, and the balance shrinks every month. The table here groups those months into years.
How can I pay less total interest?
Three levers: a shorter tenure, a lower rate, or extra principal payments — especially in the first third of the loan when balances are highest. The yearly table shows precisely where the interest concentrates.
Does the schedule assume the rate never changes?
Yes. It models a fixed-rate loan for the rate you enter. For floating-rate products, recalculate whenever the benchmark resets — each reset changes both the payment and the schedule.
Related tools
EMI Calculator
Compute the fixed monthly EMI for any loan — principal, rate and tenure in, total interest and total repayment out, instantly.
All tools →
Percentage Calculator
Three percentage problems in one live tool: X% of Y, X is what percent of Y, and the percent change between two values.
All tools →
GST Calculator
Add or extract GST at the 5%, 12%, 18% and 28% slab rates — net, tax and gross amounts computed live in your browser.
All tools →
Discount Calculator
Price plus one or two stacked discounts in: final price, money saved and the true combined percentage — worked out as you type.
All tools →
Embed this tool
Put this tool on your own site with one line — it runs entirely in the visitor's browser.
<iframe src="https://zoyku.com/en/tools/loan-calculator?embed=1" width="100%" height="640" style="border:0;border-radius:16px" title="Zoyku — loan-calculator" loading="lazy"></iframe>