Loan Calculator
FreeEstimate the monthly payment, total interest and total cost of a fixed-rate loan from its amount, interest rate and term.
How to use Loan Calculator
- 1Enter the loan amount.
- 2Enter the annual interest rate and the term in years.
- 3Read the monthly payment and total interest.
Private by design. This tool runs in your browser. Nothing you enter or add is uploaded.
Frequently asked questions
Which formula is used?
The standard amortisation formula for a fixed-rate loan with equal monthly payments and monthly compounding.
Are fees and insurance included?
No. The result covers principal and interest only, so a lender's quote may be higher. Use it as an estimate, not financial advice.
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