Loan Calculator
Calculate loan payments and total interest.
About this tool
Calculate your monthly loan payment, total interest and total repayment for any fixed-rate loan.
Key Features
- Monthly payment
- Total interest
- Total repayment
- Any term & rate
How to Use
- Enter loan amount, rate and term.
- Click Calculate.
- Review your payment breakdown.
Benefits
- Plan your budget
- Compare loan offers
- Understand true cost of borrowing
Frequently Asked Questions
Standard amortization: M = P·r(1+r)ⁿ / ((1+r)ⁿ−1), where r is the monthly rate and n is the number of months.