# me loan calculator

• Here are some details about the most common types of loans and the loan calculators that can help you in the process. Bankrate鈥檚 mortgage calculator gives you a monthly payment estimate after you input the home price, your down payment, the interest rate and length of the loan term. Use the calculator to price different scenarios.

• ### How do I calculate the actual interest paid to lenders?

• Borrowers seeking loans can calculate the actual interest paid to lenders based on their advertised rates by using the Interest Calculator. For more information about or to do calculations involving APR, please visit the APR Calculator.

• ### How do you calculate EMI on a loan?

• Here鈥檚 the formula to calculate EMI: Where 鈥? E is EMI. P is Principal Loan Amount. r is the rate of interest calculated on a monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 10.5% per annum, then r = 10.5/12/100=0.00875)

• ### How do I get an estimate of my home loan repayments?

• Put in your home loan details to get an instant estimate of your home loan repayments and interest charged. Loan must not be less than \$40,000. Please adjust the deposit. Investment loans have a maximum 90% LVR.