Loan Calculator
NewCalculate your monthly loan payment, total interest paid, and full amortization schedule for any loan — mortgage, auto loan, personal loan, or student loan. Enter the loan amount, annual interest rate, and loan term to instantly see how much you will pay each month and over the lifetime of the loan. View a full month-by-month amortization table showing principal and interest breakdown.
Loan Calculator
Calculate monthly payments and total interest for any loan.
Monthly Payment
$188.71
Total Payment
$11,322.74
Total Interest
$1,322.74
How to Use Loan Calculator
- 1Enter the loan amount (principal)
- 2Enter the annual interest rate as a percentage
- 3Select the loan term in years or months
- 4View your monthly payment, total payment, and total interest instantly
- 5Scroll down to see the full amortization schedule
Your Privacy is Protected
Loan Calculator runs entirely in your browser. Your files and data are never uploaded to any server, never stored, and never shared. Everything happens locally on your device using secure browser APIs.
Frequently Asked Questions
What is an amortization schedule?
An amortization schedule is a table showing each monthly payment, how much goes to principal, how much to interest, and the remaining balance.
Does this include taxes and insurance?
No — this calculator shows principal and interest only. For mortgages, add your estimated taxes and insurance to get the full PITI payment.
Is this tool accurate?
Yes, the calculator uses the standard loan payment formula and produces accurate results for fixed-rate loans.