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Calculate EMI on bank loans.

Loan Calculator with Semi-monthly Payments

Use this semi-monthly loan calculator to find repayment and interest amount with full amortization schedule for loans with semi-monthly 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 2 equal payments twice a month for three months at 12% per year.

Semi-monthly payment: 1695.95, Total interest: 175.73

Loan amortization schedule - Semi-monthly repayment
Sl.InterestPrincipalBalance
1501645.958354.05
241.771654.186699.86
333.51662.455037.41
425.191670.763366.64
516.831679.121687.52
68.441687.510

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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.