Loan Calculator

A loan calculator helps you estimate your monthly payments and total interest for any type of loan — mortgage, auto, personal, or student loan.

This tool features:

• Monthly payment — Calculates your fixed monthly payment using the standard amortization formula.
• Total costs — See total interest paid and total payment over the full loan term.
• Amortization schedule — Yearly breakdown of principal, interest, and remaining balance.
• Instant results — Results update in real-time as you type.

1. Enter loan amount — Type the total loan amount.
2. Enter interest rate — Input the annual interest rate as a percentage.
3. Enter loan term — Specify the loan duration in years.
4. View results — Monthly payment, total interest, and amortization schedule appear instantly.