Loan Calculator
See your monthly payment, total cost and how each payment splits between interest and principal.
Runs in your browser — nothing is uploadedMonthly payment
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How to use Loan Calculator
- Enter the loan amount, annual interest rate and term.
- Read the monthly payment and total interest.
- Open the schedule to see every payment.
Questions
What formula is used?
The standard annuity formula for fixed-rate loans with monthly payments: P × r ÷ (1 − (1 + r)^−n), where r is the monthly rate and n the number of payments.
Does it include fees or insurance?
No. Add any fees, taxes or insurance separately — lenders’ quotes may include them.