Loan Calculator

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Calculate monthly payments, total cost, and interest for personal, auto, or student loans.

A loan calculator helps you estimate monthly payments and the total cost of borrowing before you sign any agreement. Whether you are taking out a personal loan, financing a car, consolidating debt, or covering educational expenses, understanding your repayment obligations upfront is critical to sound financial planning.

Enter your loan principal, annual interest rate, and repayment term to instantly see your fixed monthly payment and the full breakdown of principal vs. interest over every month of the loan. The amortization table reveals exactly how much of each payment is reducing your debt versus covering interest charges.

All calculations are done locally in your browser. No data is collected or stored.

1
Loan Amount
Enter the total loan amount you plan to borrow.
2
Interest Rate
Set the annual interest rate offered by your lender.
3
Loan Term
Choose the loan term: enter the duration in months (e.g. 60 for a 5-year loan).
4
Calculate
Click Calculate to see your monthly payment, total repaid, and total interest.
5
Amortization Table
Scroll the amortization table to see the principal and interest split for every payment.

: An amortization schedule is a complete table of loan payments showing how much of each payment goes to interest versus principal reduction. Early payments are mostly interest; later payments are mostly principal.
: Yes, significantly. A longer term means lower monthly payments but far more total interest paid. A shorter term means higher payments but you pay off the loan faster and pay less interest overall.
: No. All calculations run entirely in your browser. Your loan details are never sent to a server, logged, or stored in any way.