Effortlessly calculate your loans with the Examples.com Loan Calculator. Access accurate results for home, car, or personal loans, including monthly payments, total interest, and payoff dates.

Home Loan
Car Loan
Personal Loan
Monthly Payment

Amortization Schedule

S.No Month Principal Payment Interest Payment Balance

How to Use the Loan Calculator

Step 1: Select Loan Type

  • Choose between Home Loan, Car Loan, or Personal Loan by clicking on the corresponding tab at the top.

Step 2: Choose Currency

  • Select the desired currency from the dropdown menu (e.g., Rupees).

Step 3: Enter Loan Amount

  • Use the slider or input box to specify the Home Loan Amount.

Step 4: Specify Loan Term

  • Adjust the slider or enter the number of years for the Loan Term (Years).

Step 5: Set Interest Rate

  • Use the slider or input box to input the Interest Rate (%).

Step 6: Select Start Date

  • Click on the date field and choose the loan start date using the calendar.

Step 7: Calculate

  • Click the Calculate button to process the entered information.

Step 8: View Results

  • The calculator will display:
    • Total Principal
    • Total Interest Payments
    • Total Loan Payments
    • Payoff Date
    • Monthly Payment

Step 9: Reset if Needed

  • If you want to clear the inputs and start over, click the Reset button.

Explanation of Loan Calculator Terms

Home Loan Tab

  • Home Loan Amount: This is the total amount of money you want to borrow for purchasing a home. It is the principal amount of the loan.
  • Loan Term (Years): This is the duration over which you will repay the loan. It is usually expressed in years.
  • Interest Rate (%): This is the annual interest rate charged by the lender on the loan amount. It is expressed as a percentage.
  • Start Date (dd-mm-yyyy): This is the date when the loan begins. The start date is important for calculating the repayment schedule and the payoff date.

Car Loan Tab

  • Similar terms as the Home Loan tab, but specific to purchasing a car.

Personal Loan Tab

  • Similar terms as the Home Loan tab, but specific to obtaining a personal loan for various purposes.

Calculation Results

  • Total Principal: This is the total amount of the loan you have borrowed.
  • Total Interest Payments: This is the total amount of interest you will pay over the life of the loan.
  • Total Loan Payments: This is the sum of the principal and the total interest payments. It represents the total cost of the loan.
  • Payoff Date: This is the date on which the loan will be fully repaid.
  • Monthly Payment: This is the amount you need to pay each month to repay the loan within the specified term.


  • Calculate: Click this button to perform the calculations based on the input values and display the results.
  • Reset: Click this button to clear all input fields and reset the calculator to its default state.

How is the interest rate used in the loan calculator?

The interest rate is the annual rate charged by the lender on the loan amount. It is expressed as a percentage and is used to calculate the monthly interest and total interest payments over the loan term.

How are monthly payments calculated?

Monthly payments are calculated based on the loan amount, interest rate, and loan term. The calculator uses these inputs to determine the fixed monthly payment needed to repay the loan over the specified term.

Can I use the loan calculator for different currencies?

Yes, you can select the desired currency from the dropdown menu before entering the loan details. This ensures that all calculations and results are displayed in the chosen currency.

Are the calculations from the loan calculator accurate?

The calculations provided by the loan calculator are based on standard formulas for amortizing loans. However, actual loan terms and conditions may vary, so it is always best to consult with your lender for precise loan details.

Can I use this calculator for variable interest rate loans?

This calculator is designed for fixed interest rate loans. For variable interest rate loans, the monthly payments and total interest may vary over time, so a different tool or consultation with your lender is recommended.

Can I print the loan calculator results?

Yes, after calculating the results, you can print the page or take a screenshot to keep a record of the loan details and repayment schedule.

Can the loan calculator handle bi-weekly payments?

Most standard loan calculators are designed for monthly payments. For bi-weekly payment calculations, you might need a specialized loan calculator or consult with your lender for more accurate details.

Are there any hidden fees or charges not shown in the calculator?

The loan calculator provides an estimate based on the input values and standard loan formulas. It does not account for potential hidden fees, charges, or variations in lender terms. Always consult with your lender for a comprehensive understanding of all costs associated with the loan.