How to use
Enter principal, rate and time.
Example
A ₹2 lakh amount at 10% for 2 years has ₹40,000 simple interest.
Everyday
Loan Repayment Calculator
Estimate repayment using simple interest.
YOUR RESULTEnter your values and calculate.
Frequently asked questions
How is loan repayment estimated here?
This calculator estimates total interest using the simple interest method based on principal, rate, and time, then adds it to the principal for total repayment.
How is this different from the EMI Calculator?
This tool gives a simple interest estimate of total repayment. The EMI Calculator uses a reducing-balance formula to show your fixed monthly installment, which is how most real loans are structured.
Results provided by this calculator are estimates for general informational purposes only.