Free online Loan Calculator to estimate monthly payments, total interest, total repayment, and amortization schedule based on your loan amount, interest rate, and loan term.
| Date | # | Payment | Principal | Interest | Extra | Balance |
|---|---|---|---|---|---|---|
| Enter loan details and calculate to see the schedule. | ||||||
Figures are estimates for planning purposes only. Rounding is applied to the nearest cent per period.
Yes. You can calculate loan payments online for free without creating an account.
It estimates your monthly loan payment based on the loan amount, interest rate, and repayment term.
You can use this calculator for personal loans, auto loans, student loans, and other fixed-payment loans.
The results are estimates based on the values you enter. Actual loan payments may vary depending on your lender's terms, fees, and repayment schedule.
Yes. Simply adjust the loan amount, interest rate, or repayment period to compare different borrowing scenarios.
No. The calculation typically includes only the loan principal and interest. Origination fees, insurance, taxes, or other charges are not included unless specified.
No. All calculations are performed directly in your browser, and we do not store your financial information.
Yes. It works on desktop computers, tablets, and modern smartphones without requiring any installation.