Loan Calculator Suite

Complete Guide: How to Use the Loan Calculator

Manage and model your debts effectively with our multi-function Loan Calculator. Calculate monthly EMIs, estimate your affordable loan limits based on income, and compare interest rates side-by-side to choose the best financial product.

Step-by-Step Instructions

1. Select the appropriate tab: 'EMI Calculator', 'Loan Affordability', or 'Compare Loans'.
2. Under 'EMI Calculator', use the sliders or text fields to enter your Principal Loan Amount, Interest Rate, and Tenure.
3. Inspect the circular breakdown chart showing Principal vs Interest, and scroll down to review the Yearly Amortization Schedule.
4. Under 'Loan Affordability', input your gross monthly income and existing EMIs to find your maximum eligible loan amount.
5. Under 'Compare Loans', enter parameters for two separate loan offers to compare their EMIs and total payable interest side-by-side.

Key Features & Benefits

• Three-in-one loan modeling utility (EMI, Affordability, Comparison).
• Clean, interactive sliders for quick adjustments.
• Real-time circular SVG breakdown chart representing principal vs interest weight.
• Complete yearly amortization schedule table showing principal, interest paid, and remaining balance.
• Supports customizable Fixed Obligation to Income Ratio (FOIR) for affordability testing.
• 100% client-side calculation to ensure your financial credentials remain private.