Loan interest calculator
Estimate simple interest with an explicit day-count convention and exact currency amounts.
Open calculatorCLEAR NUMBERS. EXPLICIT ASSUMPTIONS.
Work out interest, repayment schedules, prepayment savings and settlement estimates. No sign-up or personal details required.
Estimate simple interest with an explicit day-count convention and exact currency amounts.
Open calculatorBuild a monthly amortisation schedule using reducing balances and Actual/365 interest.
Open calculatorCompare future interest and payment count after an immediate principal prepayment.
Open calculatorEstimate principal, simple interest and an explicit closure fee as of a selected date.
Open calculatorEnglish number and date formats for India, the United States, the United Kingdom and Singapore. Gregorian calendars only; business-day and public-holiday adjustments are unavailable. Currency choices describe calculation precision, not bank or payment coverage. No country-specific tax or legal treatment is calculated.
Interest accrues from the start date inclusive to the calculation date exclusive. Forecast schedules start from the balance entered on the calculation date. No automatic exchange-rate conversion is applied.