Loan Calculator — Monthly Payment & Interest

Enter loan amount, annual interest rate, and term in months to see payment and total interest.

—Monthly payment
—Total interest
—Total payment

How to use

  1. Enter the loan principal amount.
  2. Set the annual interest rate and term in months.
  3. See monthly payment and total interest instantly.

Frequently asked questions

What types of loans does this work for?

Any fixed-rate installment loan — personal, auto, student, or business loans with equal monthly payments.

How do I convert years to months?

Multiply years by 12. A 5-year loan = 60 months, a 3-year loan = 36 months.

What if my interest rate is 0%?

The calculator divides principal by months for zero-interest loans.

Is my data sent to a server?

No. All calculations happen in your browser.

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