Loan Calculator

Calculate monthly payments, total interest, and more for your loan. Free, secure, and works directly in your browser with no registration needed.

Loan Details

Presets

Monthly Payment

$0

Total Payment

$0

Total Interest

$0

Payoff Time

0 years

Payment Breakdown

Amortization Schedule

Payment # Payment Principal Interest Balance
Results copied to clipboard!

How to use Loan Calculator

  1. Enter your loan amount.
  2. Input your annual interest rate and loan term.
  3. Click the 'Calculate' button to see your results.
  4. Review your monthly payment and total interest.

Features

  • Calculates monthly payments, total interest, and total repayment.
  • Supports various loan terms (months or years).
  • Fast, instant calculations with no registration required.
  • Clear, detailed breakdown of your loan cost.

Who Is This Tool For?

Ideal for individuals planning a personal loan, auto loan, or mortgage, as well as students estimating education loan costs.

Why Use a Loan Payment Calculator?

A loan calculator is an essential financial planning tool that provides clarity on your borrowing costs by instantly computing your monthly payment obligation and the total interest over the life of the loan. It helps you budget effectively, compare different loan offers, and make informed decisions before committing to a mortgage, auto loan, or personal financing.

Frequently Asked Questions

Is this loan calculator free to use?

Is my financial data stored or shared?

What loan details can I calculate?

How accurate are the calculations?

Related Tools