Finance tool
Loan Payment Calculator
Estimate monthly loan payments and total interest from principal, annual interest rate and loan term.
Result
Your result will appear here.
Privacy note: most tools process input locally in your browser.
About the Loan Payment Calculator
Estimate a fixed-rate loan’s monthly payment, total paid and total interest using standard amortization math.
How to use this tool
Enter the amount borrowed, annual interest rate and repayment term, then click Estimate payments.
Example
The result is an estimate for a fixed-rate, monthly-payment loan.
Tips for better results
This is educational math, not a loan offer or financial advice. Actual fees, taxes, compounding and lender terms may differ.
Frequently asked questions
Does the result include fees?
No, only the values entered are included.
Is this a guaranteed lender quote?
No, it is an estimate.