FREE 9+ Sample Loan Interest Calculator Templates in PDF

The tool allows the user to calculate the total interest that need to be paid for the loan borrowed from the bank. It is also called the EMI calculator which has- loan amount, loan term, payments per year, ROI and Monthly Budget Calculator installment. There are specific formulas to calculate the loan interest which you find online. You can even use the tutorials available online to understand the formulas for calculation. Loan interest calculator is available in excel and spreadsheets format and can be downloaded from online site. The tool really makes the work much easier to calculate.