Is the loan payment calculator free?

Yes. It is free to use online without login, subscription or payment.

Can I calculate a partial payment?

Yes. Enter the payment details to review interest received, principal reduction and the balance that may remain.

It is the amount that remains after a payment and continues into the next calculation period, subject to the applicable terms.

FREE ROI TOOLS

Calculate full settlement or partial payment rollover using the same date-wise interest rules. No login required.

LOAN PAYMENT FORMULAS

Interest is calculated month by month using the exact dates. Preview principal-only, interest-only, or combined payments.

✓

Full Payment = Principal + Calculated Interest

Pay the original principal and all date-wise interest to close the loan as paid.

↻

New Principal = Original Principal − Partial Principal ReceivedTotal Received = Partial Principal + Interest Received

Interest stays separate and is not added to the new loan principal.

FULL PAYMENT CALCULATION

Enter loan details, then select Calculate Interest.

PARTIAL PAYMENT CALCULATION

Enter principal received, interest received, or both, then select Calculate Interest.