Tool Engine

Loan Calculator

Calculate your monthly loan payment, total interest, and full amortization schedule for any personal, auto, or business loan.

Loading component...

How to use

  1. 1Enter the loan amount, interest rate, and loan term
  2. 2View your estimated monthly payment, total interest, and total cost
  3. 3Expand the amortization schedule to see the payment breakdown over time

Why use this tool?

Before taking out a loan, it helps to know exactly what you'll be paying each month and in total interest over the life of the loan. This calculator gives you an instant, accurate breakdown so you can compare loan offers or plan your budget.

Frequently asked questions