Loan Calculator
Calculate the monthly payment, total interest, and payoff cost for any fixed-rate loan.
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Monthly payment
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Total interest
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Total paid
How to use
- Enter the loan amount you plan to borrow.
- Enter the annual interest rate (APR) and the term in months or years.
- See your monthly payment plus the total interest you will pay over the life of the loan.
Frequently asked questions
What kinds of loans does this work for?
Any fixed-rate, fully-amortizing loan — car loans, personal loans, student loans, and more. It assumes equal monthly payments.
Whats the difference between interest rate and APR?
The interest rate is the cost of borrowing the principal. APR also folds in certain fees. For a rough estimate you can enter either; use APR for a more complete picture.
🔒 This tool runs entirely in your browser. Nothing you enter is uploaded, logged, or stored.
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