Calculate your monthly loan payment, total interest payable and full amortization schedule.
A loan calculator shows what any loan really costs before you sign. Enter the amount, annual interest rate and term to see your exact monthly payment, how much interest you will pay in total, and a year-by-year amortization schedule.
Example: You borrow AED 100,000 at 5.5% annual interest for 5 years (60 payments). Your monthly payment is AED 1,910.12. Over the full term you repay AED 114,606.97 — of which AED 14,606.97 is interest.
A loan calculator estimates your monthly payment, total interest and repayment schedule from the loan amount, interest rate and term — so you can compare offers before borrowing.
Using the reducing-balance EMI formula. Each payment covers that month's interest first, and the rest reduces your principal.
A table showing, for each period, how much of your payment goes to interest versus principal, and your remaining balance.
Yes — lower monthly payments, but you pay interest for longer, so the total interest is higher.
No — processing fees, insurance and VAT are not included. Add them to the loan amount for a closer estimate.
