Financial Calculators
Repayment Calculator
Work out the monthly repayment on any loan.
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About the Repayment Calculator
Work out the monthly repayment on any borrowing — a loan, financing plan, or debt. Enter the amount borrowed, the interest rate, and the term in years to get your monthly repayment, the total you'll pay back, and the total interest. It's a quick, general-purpose tool for any fixed-rate repayment schedule.
How to use the Repayment Calculator
- 01Enter your amount borrowed, interest rate, and term in years.
- 02Read the result instantly — it recalculates as you type.
- 03Adjust the numbers to model different scenarios.
Frequently asked questions
How is a repayment calculated?
The borrowed amount is amortized over the term at your interest rate, giving equal monthly repayments of principal and interest.
Can I repay early?
Most loans allow extra or early repayment, which cuts total interest. Check for any early-repayment fees first.