EMICalculator.site
Use this weekly loan calculator to find repayment and interest amount with full amortization schedule for loans with weekly payments.
Download App: Calculate loan repayments with this all-in-one calculator for Android and iPhone/ iPad.
Sample calculation for a loan of 5000 with 4 weekly payments at 10% per year.
Weekly payment: 1256.02, Total interest: 24.06
Sl. | Interest | Principal | Balance |
---|---|---|---|
1 | 9.62 | 1246.4 | 3753.6 |
2 | 7.22 | 1248.8 | 2504.81 |
3 | 4.82 | 1251.2 | 1253.61 |
4 | 2.41 | 1253.61 | 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.