Loan Calculator

Calculate loan payments, interest rates, and amortization

Loan Calculator

Loan Amount

Annual Interest Rate (%)

Loan Term (Years)

How It Works

This calculator uses the standard amortization formula to calculate your monthly loan payment based on the principal amount, interest rate, and loan term.

The monthly payment includes:

• Principal payment (reduces your loan balance)
• Interest payment (cost of borrowing)

Note: This calculation doesn't include additional costs like property taxes, insurance, or HOA fees for mortgages.

Loading tool...