Calculate Remaining Loan Balance
Calculate remaining balance and principal paid
Loan Details
Enter loan information
Balance Reduction Over Time
About Loan Balance Calculator
A loan balance calculator helps you determine how much of your loan you still owe after making a certain number of payments. It shows the remaining balance, principal paid, and interest paid.
Key Information
- Remaining Balance: Amount you still owe on the loan
- Principal Paid: Amount of original loan paid off
- Interest Paid: Total interest paid so far
- Total Paid: Sum of all payments made
Frequently Asked Questions
Remaining balance = Original Loan Amount - Principal Paid. Principal paid is calculated from EMI payments, where each payment includes both principal and interest components.
Principal paid is the sum of all principal components from your EMI payments. In early payments, most of the EMI goes to interest; later payments have more principal.
You can reduce loan balance faster by making prepayments, increasing EMI amount, or making part payments. This reduces principal and saves interest over time.
Outstanding balance is the total amount you still owe (principal + accrued interest). Principal balance is only the remaining principal amount, excluding interest.