๐Ÿ“ˆ

Interest Rate Calculator

Simple ยท Compound ยท EMI ยท Rate Comparison

Simple Interest
PKR
%
Formula

SI = P ร— R ร— T / 100

P = Principal   R = Rate %   T = Time (years)
Total Amount: A = P + SI

๐Ÿ’ก Simple interest is calculated only on the original principal โ€” common for short-term loans.

Simple Interest Earned

Principal
Interest
Total Amount
Daily Interest
Compound Interest
PKR
%
yr
Formula

A = P(1 + r/n)^(nร—t)

r = rate decimal   n = frequency/yr   t = years
CI = A โˆ’ P

๐Ÿ’ก More frequent compounding = more interest. Monthly beats quarterly beats yearly.

Compound Interest Earned

Principal
Interest
Total Amount
vs Simple Int.
Loan / EMI Calculator
PKR
%
mo
Formula

EMI = Pร—rร—(1+r)^n / [(1+r)^nโˆ’1]

r = monthly rate (annual/12/100)
n = total months
Total Interest = (EMIร—n) โˆ’ P

๐Ÿ’ก Higher tenure = lower EMI but more total interest paid.

Monthly EMI

Loan Amount
Total Interest
Total Payment
Interest %
Amortization Schedule (First 12 months)
MonthEMIPrincipalInterestBalance
Compare Multiple Rates
PKR
yr
%
%
%
Comparison Results (Compound Interest)

๐Ÿ“ˆ

Interest Rate Calculator

Simple ยท Compound ยท EMI ยท Rate Comparison

Simple Interest
PKR
%
Formula

SI = P ร— R ร— T / 100

P = Principal   R = Rate %   T = Time (years)
Total Amount: A = P + SI

๐Ÿ’ก Simple interest is calculated only on the original principal โ€” common for short-term loans.

Simple Interest Earned

Principal
Interest
Total Amount
Daily Interest
Compound Interest
PKR
%
yr
Formula

A = P(1 + r/n)^(nร—t)

r = rate decimal   n = frequency/yr   t = years
CI = A โˆ’ P

๐Ÿ’ก More frequent compounding = more interest. Monthly beats quarterly beats yearly.

Compound Interest Earned

Principal
Interest
Total Amount
vs Simple Int.
Loan / EMI Calculator
PKR
%
mo
Formula

EMI = Pร—rร—(1+r)^n / [(1+r)^nโˆ’1]

r = monthly rate (annual/12/100)
n = total months
Total Interest = (EMIร—n) โˆ’ P

๐Ÿ’ก Higher tenure = lower EMI but more total interest paid.

Monthly EMI

Loan Amount
Total Interest
Total Payment
Interest %
Amortization Schedule (First 12 months)
MonthEMIPrincipalInterestBalance
Compare Multiple Rates
PKR
yr
%
%
%
Comparison Results (Compound Interest)

๐Ÿ“ˆ

Interest Rate Calculator

Simple ยท Compound ยท EMI ยท Rate Comparison

Simple Interest
PKR
%
Formula

SI = P ร— R ร— T / 100

P = Principal   R = Rate %   T = Time (years)
Total Amount: A = P + SI

๐Ÿ’ก Simple interest is calculated only on the original principal โ€” common for short-term loans.

Simple Interest Earned

Principal
Interest
Total Amount
Daily Interest
Compound Interest
PKR
%
yr
Formula

A = P(1 + r/n)^(nร—t)

r = rate decimal   n = frequency/yr   t = years
CI = A โˆ’ P

๐Ÿ’ก More frequent compounding = more interest. Monthly beats quarterly beats yearly.

Compound Interest Earned

Principal
Interest
Total Amount
vs Simple Int.
Loan / EMI Calculator
PKR
%
mo
Formula

EMI = Pร—rร—(1+r)^n / [(1+r)^nโˆ’1]

r = monthly rate (annual/12/100)
n = total months
Total Interest = (EMIร—n) โˆ’ P

๐Ÿ’ก Higher tenure = lower EMI but more total interest paid.

Monthly EMI

Loan Amount
Total Interest
Total Payment
Interest %
Amortization Schedule (First 12 months)
MonthEMIPrincipalInterestBalance
Compare Multiple Rates
PKR
yr
%
%
%
Comparison Results (Compound Interest)

๐Ÿ“ˆ

Interest Rate Calculator

Simple ยท Compound ยท EMI ยท Rate Comparison

Simple Interest
PKR
%
Formula

SI = P ร— R ร— T / 100

P = Principal   R = Rate %   T = Time (years)
Total Amount: A = P + SI

๐Ÿ’ก Simple interest is calculated only on the original principal โ€” common for short-term loans.

Simple Interest Earned

Principal
Interest
Total Amount
Daily Interest
Compound Interest
PKR
%
yr
Formula

A = P(1 + r/n)^(nร—t)

r = rate decimal   n = frequency/yr   t = years
CI = A โˆ’ P

๐Ÿ’ก More frequent compounding = more interest. Monthly beats quarterly beats yearly.

Compound Interest Earned

Principal
Interest
Total Amount
vs Simple Int.
Loan / EMI Calculator
PKR
%
mo
Formula

EMI = Pร—rร—(1+r)^n / [(1+r)^nโˆ’1]

r = monthly rate (annual/12/100)
n = total months
Total Interest = (EMIร—n) โˆ’ P

๐Ÿ’ก Higher tenure = lower EMI but more total interest paid.

Monthly EMI

Loan Amount
Total Interest
Total Payment
Interest %
Amortization Schedule (First 12 months)
MonthEMIPrincipalInterestBalance
Compare Multiple Rates
PKR
yr
%
%
%
Comparison Results (Compound Interest)