Loan Calculator

Turn amount, term, and rate into a clear repayment view

Results use only the amount, term, annual rate, and repayment method you enter. Replace the example values with the terms from your lender or loan agreement.

How this loan calculator works

Enter the financed principal, remaining term, and current contractual annual rate. The calculator estimates monthly payments, total interest, total repayment, and a month-by-month amortization schedule.

Comparing repayment methods

Equal payment keeps scheduled payments relatively stable. Equal principal repays principal faster and normally starts with a higher payment. Interest-only defers principal until the end and may create a large final payment.

Loan calculator FAQ

Which interest rate should I enter?

Use the annual rate currently stated in your loan agreement. This site does not automatically supply or claim to use a current market rate.

Why can lender figures differ?

Lenders may use different payment dates, rounding rules, fees, insurance, or penalties. This calculator uses monthly estimates and excludes those additional contract terms.

Is this a loan offer?

No. Results are educational estimates for comparing scenarios; only a lender can provide binding terms.