Loan Calculator
Calculate loan payments and total interest
Loan Calculator
💡 Tip
Making extra payments can significantly reduce your total interest. Even small additional payments can save thousands over the life of the loan.
About This Tool
Calculate loan payments and understand your borrowing costs with our comprehensive loan calculator. Compute monthly payments, total interest, and view detailed amortization schedules. Perfect for mortgages, auto loans, personal loans, and any installment debt.
- Enter the loan amount
- Input the interest rate (annual)
- Specify the loan term in years or months
- View monthly payment and total interest
- Check the amortization schedule