Loan Payment Calculator
Enter the loan amount, annual interest rate, and term in years to see your monthly payment and total interest.
Enter the loan details.
Frequently asked questions
How is the monthly payment calculated?
It uses the standard fixed-rate loan formula: payment = principal × rate ÷ (1 − (1 + rate)^(−months)), where rate is the monthly interest rate and months is the term in months.
Does this include extra fees?
No. It computes pure principal-and-interest amortization. Origination fees, insurance, or other charges are not included. Ask your lender for the all-in cost.
Legal & Accuracy Notice: General loan amortization math only — not financial advice. Actual loans may include fees, compounding differences, or variable rates. Confirm terms with your lender. Runs in your browser.