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Loan Calculator
Calculate loan payments including down payment and processing fees.
Result
Financed principal1,200,000
Processing fee12,000
Total interest990,816
Monthly EMI12,171
Total cost of loan2,502,816
Features
- ✓Accounts for down payment
- ✓Includes processing fee in total cost
- ✓Monthly payment and total interest shown
How to use
- 1Enter loan amount, down payment, interest rate and tenure
- 2Add a processing fee % if applicable
- 3See monthly payment and total cost
Frequently asked questions
How is this different from the EMI calculator?+
This one factors in a down payment and processing fee to show the true total cost of the loan, not just the EMI.
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