Loan Calculator
Estimate monthly loan payments and interest.
Free · No sign-up · Works in your browser
$
%
Monthly payment
$396.02
Total paid
$23,761.44
Total interest
$3,761.44
About the Loan Calculator
Estimate your monthly loan payment free with this loan calculator. Enter the loan amount, annual interest rate, and term, and you'll instantly see your monthly payment, total interest, and total cost. It works for personal loans, auto loans, and any fixed-rate installment loan — adjust the numbers to compare options before you borrow.
How to use the Loan Calculator
- 1Enter the loan amount, interest rate, and term.
- 2See your monthly payment instantly.
- 3Review total interest and total cost.
Frequently asked questions
How is the monthly payment calculated?
It uses the standard amortization formula based on principal, monthly interest rate, and number of payments.
Does this include taxes or fees?
No — it estimates principal and interest only. Add taxes, insurance, or fees separately.