Limits: Rate: 0–100% · Term: 1–600 months
Loan Calculator
Calculate monthly payments, total interest, and see how extra payments save you money.
About Loan Calculator
Loan Calculator computes monthly payments, total interest, and full payment schedule for any loan — auto, personal, student, or business. Enter the loan amount, annual interest rate, and term in months. Add extra monthly payments to see how much faster you can pay off the loan and how much interest you'll save.
Understanding the true cost of borrowing — not just the monthly payment — helps you make smarter decisions about taking on debt and prioritizing payoff.
The payment schedule shows each month's payment split into principal and interest, and the remaining balance after each payment.
Features
- ✓Monthly payment, total interest, and payoff date
- ✓Full payment schedule table
- ✓Extra monthly payment analysis
- ✓Works for any loan type
- ✓Term in months for precise control
Common Use Cases
- →Calculating monthly car loan payments
- →Planning student loan repayment
- →Comparing different loan term lengths
- →Understanding the cost of a personal loan