EMICalculator.site

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

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

Sample calculation for a loan of 10000 with 4 half-yearly payments at 11% per year.

Half-yearly payment: **2852.94**, Total interest: **1411.78**

Sl. | Interest | Principal | Balance |
---|---|---|---|

1 | 550 | 2302.94 | 7697.06 |

2 | 423.34 | 2429.6 | 5267.45 |

3 | 289.71 | 2563.23 | 2704.22 |

4 | 148.73 | 2704.21 | 0 |

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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.