Free Loan Calculator

Estimate monthly payments and total interest.

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About the Loan Calculator

Free loan calculator. Enter the amount, interest rate and term to see your monthly payment, total interest and total cost, with a clear breakdown.

How it works

  1. 1

    Enter loan details

    Amount, annual rate and term in years.

  2. 2

    Review results

    See monthly payment and total interest.

Frequently asked questions

It uses the standard amortization formula based on your principal, monthly interest rate and number of payments.

No. It estimates principal and interest only; add taxes, insurance or fees separately.

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