# Interest Rate Calculator

Interest Rate Calculator is a free and easiest online tool to calculate the Interest on particular amount.

Our simple and user-friendly Interest Rate Calculator helps you to determine the interest on loans, EMIs payments and final balances.

### Interest Result

Principal Amount: | |

Rate of Interest: | |

Tenure: | |

Amount: |

### Interest Rate Calculator

**What is Interest?**

Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate.

Interest is additional money that must be repaid — in addition to the original loan balance or deposit.

Interest is the compensation paid by the borrower to the lender for the use of money as a percent, or an amount. The concept of interest is the backbone of most financial instruments.

How much do you pay or earn in interest? It depends on:

- The interest rate
- The amount of the loan
- How long it takes to repay

Our Interest Rate Calculator is the one of the fastest and easiest calculator to calculate your Interest Rate on Loans, EMIs, Fixed deposits or any other payments.