Loan Calculator & Amortization

Loan payments, interest, amortization, payoff & prepayment planner — offline

Loan Calculator & Amortization — plan any loan in seconds.

Work out your monthly payment, total interest and a complete month-by-month amortization schedule for any loan. Plan an early payoff, compare two offers side by side, and see exactly how much you save. Works fully offline.

WHAT YOU CAN CALCULATE

• Monthly payment — enter amount, interest rate and term to get your instalment instantly
• Total interest — see the true lifetime cost of a loan before you sign
• Amortization schedule — a month-by-month breakdown of principal and interest with a running balance
• Early payoff and prepayment — check how much interest you save and how many months you cut by paying extra
• Foreclosure planning — work out the real cost of closing a loan early
• Loan comparison — put two offers side by side and pick the cheaper one
• Savings and deposits — returns on fixed and recurring deposits, plus systematic withdrawal planning
• Rate finder — work backwards from a known payment to the effective interest rate

BUILT FOR EVERY KIND OF LOAN

Mortgage and home loans, car and auto finance, personal loans, student loans, business loans and gold loans. Any currency, any country.

WHY PEOPLE USE IT

• Accurate — standard amortization maths, not rounded estimates
• Fully offline — no internet connection, no account, no sign-up
• Fast and lightweight — runs smoothly on older phones
• Clear charts — see how principal and interest shift over the life of the loan
• Shareable PDF reports — export a schedule and send it to your bank, client or family
• Multi-currency — pick your currency once and forget about it

HOW IT WORKS

1. Enter the loan amount
2. Set the annual interest rate
3. Choose the term in months or years
4. Read your payment, total interest and full repayment schedule

CHANGE ONE NUMBER, SEE THE DIFFERENCE

Most people overpay on a loan simply because they never modelled the alternatives. Shorten the term by a year, add a small extra payment each month, or negotiate half a percent off the rate — this calculator shows you the exact impact of each choice before you commit.

COMMON QUESTIONS

Does it work offline? Yes, every calculation runs on your device.
Do I need to sign up? No account is required.
Which currencies are supported? Choose yours from the side menu; all major currencies are included.
Is my data sent anywhere? Your calculations stay on your phone.

IMPORTANT

This app is a financial calculator only. It does not lend money, is not affiliated with any bank or lender, and results are estimates for planning purposes — always confirm final figures with your lender.

Known in India as an EMI calculator, this is a complete loan, mortgage and interest planning tool for borrowers anywhere in the world.

From RJ Innovative Media. Have a question or a feature request? Get in touch — we read every message.