Loan Calculator
Work out the monthly payment, total interest and total repayment for any loan.
Quick answer: Loan Calculator: Work out the monthly payment, total interest and total repayment for any loan. Everything runs in your browser, so nothing you enter is uploaded or stored.
How to use Loan Calculator
- Enter your values in the fields.
- The results update instantly as you type.
- Note or copy the numbers you need.
Features
- Instant results
- Free, no signup
- Runs in your browser, nothing is uploaded
- Works on phone and desktop
Frequently asked questions
How is a loan payment calculated?
The monthly payment uses the loan amount, the monthly interest rate and the number of months: payment = amount x rate / (1 - (1 + rate) ^ -months).
Does this include fees?
No. It shows principal and interest only. Add any fees your lender charges separately.
Is the Loan Calculator free?
Yes. It is free, needs no signup and works on any device.