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LOAN  CALCULATOR


calculate your loans for different interest rates, and the period of loan with RP Fintech's loan calculator

Loan Calculator

Loan Amount

$100,000

$5,000,000

$500,000

Interest Rate

5 %

1 %

15 %

Loan Period

30 Years

5 Years

40 Years

Monthly Payment

$2,684

This is your estimated monthly payment.

Total Interest Paid

$466,279

This is the total amount of interest you'll pay over the loan term.

Total Amount Paid

$2,684

This is the total amount you'll pay including both the loan amount and interest.

Need more information about this?

How to use RP Fintech’s Loan Calculator?

RP Fintech’s Loan Calculator is easy, intuitive, and instantaneous. Calculate the Loan for your Home Loan, Car loan, Personal Loan, Education Loan, or any other fully amortising loan using our Loan Calculator.
All you need to do is enter the following information in the Loan Calculator:

  • The loan amount you wish to avail (in rupees)

  • The term of your loan (in months or years)

  • The rate of interest (in percentage)​

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Use the slider to adjust the values in the Loan Calculator form or enter the values directly in their relevant boxes. RP Fintech’s Loan Calculator will re-calculate your Loan accordingly, and present the information in a pie chart depicting the break-up of your total payment. i.e. Total Principal Payable vs. Total Interest Payable.

Frequently asked questions 

* What is a Loan calculator?
A loan calculator helps you estimate monthly payments for a loan. You enter the loan amount, interest rate, and repayment term. It shows how much you'll pay in total and how much goes to interest. This tool helps you plan and compare loan options easily.

* What is Loan Repayment Schedule?
A loan repayment schedule is a detailed plan showing how you'll repay your loan over time. It lists each payment date, the amount, and how much goes toward interest and principal. This helps track progress and understand how your loan balance decreases.

* How accurate is the loan calculator?
The calculator provides a close estimate based on the inputs you provide, but actual loan terms may vary depending on your lender, credit score, and other factors. Always confirm details with your financial institution.

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