Interest-Only Loan Calculator
Interest-Only Loan Calculator by NIVITA HUF. Model scenarios, review calculations, explore detailed breakdowns and export results. Useful free planning tool.
Set your assumptions
Update the values to calculate your scenario.
Your calculation
Results update as you enter information.
JavaScript is required for interactive calculations.
How this calculator works
Monthly interest = loan amount × annual rate / 12. The principal remains outstanding.
Important assumptions
Interest-only loans require repayment or refinancing of the entire principal at maturity. Fees and variations are excluded.
About the Interest-Only Loan Calculator
What inputs are needed for the Interest-Only Loan Calculator?
The calculator supports Loan amount / balance (₹); Annual interest rate (%); Original tenure (years); Additional monthly payment (₹); One-time extra payment (₹); One-time payment in month. You can change each applicable input and immediately recalculate.
How does the Interest-Only Loan Calculator calculate its results?
Monthly interest = loan amount × annual rate / 12. The principal remains outstanding.
Can I save or share my calculation?
Yes. Use Export CSV for the results table, Copy results for a summary, Share scenario for an input-preserving link, or Print to keep a copy. No sign-in is needed.
Are calculator results guaranteed?
No. Calculations depend on the values entered and the assumptions shown. Financial products and regulatory rules can change, and investment projections do not guarantee returns.