# Loan Repayment – Calculate Debt you have to pay?

Use online repayment calculator to calculate repayment time of your loan, it is easy and convenient to use.

## Loan Repayment Calculator

Loan Amount (P)

Annual Interest Rate (% )

Term/Period (months)

Monthly Payment

Total Loan / Debt Repayment

**Formula Used:**

EMI = ( P × r × (1+r)

^{n}) / ((1+r)

^{n}− 1)

Total Loan Repayment = EMI × n

Where

EMI = Equated Monthly Installment

P = Loan Amount

r = Annual Interest rate / 1200

n = Terms/Period