Loan Calculator

Calculate the monthly payment, total interest and payoff for any amortized loan.

$
%
Add to the years above (e.g. 3 yrs 6 mo).
Clear

About this loan calculator

This tool works for most fixed-rate amortized loans — personal loans, student loans, business loans and more. Each monthly payment is the same amount; early payments are mostly interest and later payments are mostly principal.

Enter the amount borrowed, the annual percentage rate (APR) and the length of the loan to see the monthly payment and how much interest you will pay in total.