Loan Interest Calculator
Understand the cost of your loan.
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Loan Interest Calculator
Calculate total interest payable on loans
How It Works
- Enter Loan Amount
- Enter Rate
- Enter Tenure
Use Cases
- Home loan check
- Car loan planning
Frequently Asked Questions
Does this include processing fees?
No, this calculator only computes interest based on the principal and rate.
Is this for flat rate or reducing balance?
This calculates interest on the total principal (Flat Rate estimate) for simplicity. Bank loans often use reducing balance.