EMICalculator.site
Use this quarterly loan calculator to find repayment and interest amount with full amortization schedule for loans with quarterly 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 6 quarterly payments at 11% per year.
Quarterly payment: 1830.71, Total interest: 984.25
Sl. | Interest | Principal | Balance |
---|---|---|---|
1 | 275 | 1555.71 | 8444.29 |
2 | 232.22 | 1598.49 | 6845.8 |
3 | 188.26 | 1642.45 | 5203.36 |
4 | 143.09 | 1687.62 | 3515.74 |
5 | 96.68 | 1734.03 | 1781.71 |
6 | 49 | 1781.71 | 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.