📊 Loan Payment Schedule Calculator

Calculate payment schedules for Home, Car, Personal & Business loans with variable rates and extra payments

💡 New to the calculator? Click here to learn how to use it!

📊 Loan Details (Works for All Loan Types)

✅ Supports: Home Loans, Car Loans, Personal Loans, Business Loans, Education Loans, and more

📈 Additional Details (Rate Changes & Extra Payments)

Use these optional fields to model floating interest rates and prepayments.

Interest Rate Changes

Extra Payments

📋 Calculation Results

📊 Payment Analysis Charts

📅 Payment Schedule

Month Opening Balance EMI Rate (%) Interest Principal Extra Payment Closing Balance

How to Use the Payment Schedule Calculator

Follow these steps to generate a detailed loan amortization schedule.

  1. Enter Basic Loan Details: Start by filling in your total loan amount, the initial annual interest rate, and the loan tenure in months.
  2. Calculate Your EMI: Click the "Calculate EMI" button to see your Equated Monthly Installment. This EMI is based on the initial parameters and will be used as the base for the full schedule.
  3. Add Interest Rate Changes (Optional): If your loan has a floating interest rate, you can add anticipated rate changes. Enter the month number when the rate changes and the new interest rate, then click "Add Rate Change". You can add multiple rate changes.
  4. Add Extra Payments (Optional): If you plan to make any prepayments, enter the month number and the extra amount. Click "Add Extra Payment" to include it in the calculation. This can significantly reduce your loan tenure and interest.
  5. Generate the Schedule: Once all details are entered, click the "Calculate Complete Payment Schedule" button.
  6. Analyze the Results:
    • Summary Cards: View a comparison of your original loan projection versus the revised scenario with your changes, and see your total savings.
    • Charts: Visualize your loan's balance, payment breakdown, and interest rates over time.
    • Payment Table: Switch between a monthly and yearly view of your detailed payment schedule.
  7. Download Data: You can download the generated payment schedule as a CSV file for your records using the "Download CSV" button.