Loan Calculator
Calculate monthly loan payments, total interest, and total repayment for personal, auto, student, or business loans.
Tools
Other Tools
Monthly payment
$500.95
Total interest
$5,056.92
Total payment
$30,056.92
Estimated payoff
July 2031
How to use the Loan Calculator
Enter the loan amount
Type the amount you plan to borrow.
Add rate and term
Enter the annual interest rate and loan term in years.
Review the payment
See the estimated monthly payment, total repayment, and total interest instantly.
What is the Loan Calculator?
Use this loan calculator to estimate the monthly payment and total cost of a fixed-rate loan. It is useful for comparing personal loans, auto loans, student loans, equipment financing, and other amortized loans before you commit to a repayment plan.
- Monthly payment estimate
- Total interest over the loan term
- Total repayment amount
- Zero-interest loan support
- Estimated payoff month
- Copyable results for planning
Frequently Asked Questions
How is the monthly loan payment calculated?
Can I use this for auto or personal loans?
What if the interest rate is 0%?
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