Calculate EMI on bank loans.
Use this semi-monthly loan calculator to find repayment and interest amount with full amortization schedule for loans with semi-monthly payments.
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
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.