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Finance & Business

Loan Calculator

Standard amortising loan payment calculation — the same formula behind auto loans, personal loans and mortgages.

FreeNo sign-upRuns in your browser
$
%
Monthly payment
$489
Total interest
$4,349
Total paid
$29,349

How it works

  1. 1Enter loan amount, rate and term
  2. 2See monthly payment and total interest
  3. 3Compare scenarios by adjusting term or rate

Who this is for

  • Comparing loan offers before signing
  • Estimating monthly payment for a planned purchase
  • Understanding total interest cost over a loan's life