Gold Loan Calculator
Result
Gold Loan Calculator is a financial calculator that helps you calculate loan or mortgage payment amounts and total repayment cost. The formula used is: Gold Value = Weight × Purity × Price per Gram\nMax Loan = Gold Value × LTV%\nEMI = Loan × r × (1+r)^n / ((1+r)^n − 1). Enter monetary values in your local currency. Enter interest rates as plain numbers (e.g. enter 5 for 5 %).
Formula
Example Calculation
- Gold Weight: 50 grams
- Gold Price per Gram (PKR): 20000 PKR
- Loan-to-Value (LTV): 75 %
- Annual Interest Rate: 18 %
- Loan Tenure: 12 months
Suppose you enter: Gold Weight = 50, Gold Price per Gram (PKR) = 20000, Loan-to-Value (LTV) = 75, Annual Interest Rate = 18, Loan Tenure = 12. The calculator applies the formula (Gold Value = Weight × Purity × Price per Gram\nMax Loan = Gold Value × LTV%\nEMI = Loan × r × (1+r)^n / ((1+r)^n − 1)) and shows all output values below. Change any input field to immediately see how the result changes.