Finance

Loan / EMI Calculator

Monthly or biweekly payment, full amortization, extra-payment savings, rate sensitivity. Works for mortgages, business loans, car loans.

mortgage
loan.statement/250000@6.5025y
monthly
Statement of payment
$1,688/ monthly
Total interest $256,40525y 0m payoff
$250,000 · 6.50% · 25y
Total int.
Total paid
Payoff
$256,405
$506,405
25y 0m
Inputs

Loan terms

Monthly payment
$1,688
Total interest
$256,405
Total paid
$506,405
Yearly composition

Principal vs interest

Principal 49%
Interest 51%
Side-by-side

Scenarios

Base
$1,688
Int: $256,405
Payoff: 25y 0m
Rate +1%
$1,847
Int: $304,243
Payoff: 25y 0m
Rate -1%
$1,535
Int: $210,566
Payoff: 25y 0m
+$200/mo extra
$1,688
Int: $191,477
Payoff: 19y 6m
2-variable grid

Rate sensitivity

Rate \ Term15y20y25y30y
5.50%$2,043$1,720$1,535$1,419
6.00%$2,110$1,791$1,611$1,499
6.50%$2,178$1,864$1,688$1,580
7.00%$2,247$1,938$1,767$1,663
7.50%$2,318$2,014$1,847$1,748
Year-end snapshot

Amortization

Year
Month
Interest
Principal
Balance
1
12
$1,334
$354
$245,872
2
24
$1,310
$378
$241,468
3
36
$1,285
$403
$236,769
4
48
$1,258
$430
$231,755
5
60
$1,229
$459
$226,405
6
72
$1,198
$490
$220,697
7
84
$1,165
$523
$214,607
8
96
$1,130
$558
$208,109
9
108
$1,093
$595
$201,176
10
120
$1,053
$635
$193,778
11
132
$1,011
$677
$185,885
12
144
$965
$723
$177,464
13
156
$917
$771
$168,478
14
168
$865
$823
$158,891
15
180
$810
$878
$148,661
16
192
$751
$937
$137,747
17
204
$688
$1,000
$126,101
18
216
$622
$1,066
$113,676
19
228
$550
$1,138
$100,418
20
240
$474
$1,214
$86,272
21
252
$393
$1,295
$71,179
22
264
$306
$1,382
$55,076
23
276
$213
$1,475
$37,894
24
288
$114
$1,574
$19,561
25
300
$9
$1,679
$0
Freddie Mac PMMS, 1996–2025

Historical 30-yr fixed

Range 3.0%–8.1%, avg 5.5%Your rate: 6.50%
19962025

Source: Freddie Mac Primary Mortgage Market Survey (annual avg, 30-year fixed, conforming). Historical context only.

Methodology

Formula