Loan Amortization Calculator
About This Tool
This advanced amortization calculator helps you understand your loan repayment schedule in detail. It calculates your EMI (Equated Monthly Installment) and breaks down principal/interest components for each payment period.
📌 Key Features
- 100% Accurate EMI Calculation
- Year-wise & Month-wise Payment Breakdown
- Interactive Payment Progress Chart
- Mobile-Friendly Design
- Export-Ready Results
📋 How to Use
- Enter loan amount in Indian Rupees
- Input annual interest rate (e.g., 8.5 for 8.5%)
- Specify loan tenure in years
- Click 'Calculate' to view complete schedule
⭐ Unique Advantages
- Shows Total Interest Payable
- Visual Payment Allocation Chart
- No App Installation Required
- Works Offline After Initial Load
- Privacy Guaranteed (No Data Storage)
