Loan Calculator
Loan Calculation Result
Monthly Payment: $222.44
Total Payment: $13346.67
Total Interest: $3346.67
| Loan Type | Loan Amount | Interest Rate | Total Payment | Total Interest |
|---|---|---|---|---|
| Simple Interest | 10000 | 24% | 22000.00 | 12000.00 |
| Compound Interest | 10000 | 24% | 29316.25 | 19316.25 |
Why use our amazing personal loan calculator?
User-friendly:
This calculator is designed in such a way that anyone or a person from any country can easily use it. We have deliberately kept its interface very simple and easy.
Comparative:
Here you will get to see a table that tells you how much interest is made according to the simple and compound interest of your principal and how much is made according to the loan you have taken, and therefore you can understand quickly.
Universal/Customisable:
You can write the currency of the country to which you are; we have given a separate section to enter the name of the currency, like if you are an Indian, then enter the rupee (₹) in that option, if you are from America, then you can write $ ($) and in the same way you can understand your account in your mother currency by entering the currency of the country where you are resident here. Therefore, change the currency symbols according to your convenience and understand and organise the credit parameters according to your needs.
Accurate results:
Here you get to see accurate results; here you are also told about hidden charges because it depends on the bank or agency that gives the loan. Therefore, you can get an accurate estimate from our personal loan calculator to make informed and decided decisions.
Security:
Our personal loan calculator saves all your data in your local devices; it also goes to any server.