EMICalculator.site

Calculate emi on bank loans.

Loan Calculator with Bimonthly Payments

Use this bimonthly loan calculator to find repayment and interest amount with full amortization schedule for loans with bimonthly payments.

Sample calculation for a loan of 10000 with 6 equal payments every two months at 9% per year.

Bimonthly payment: 1755.25, Total interest: 531.51

Loan amortization schedule - Bimonthly repayment
Sl.InterestPrincipalBalance
11501605.258394.75
2125.921629.336765.42
3101.481653.775111.64
476.671678.583433.06
551.51703.751729.31
625.941729.310

Download App: Calculate loan repayments with this all-in-one calculator for Android and iPhone/ iPad.

Advertisement

Disclaimer:- The content of this website does not constitute financial advice and is solely meant for information purpose. The calculations are accurate as per the prescribed formula.