Loan Calculator
Enter your loan amount, annual interest rate, and loan term to calculate your fixed monthly payment using the standard amortization formula. See the total amount you'll repay and how much of that is interest, for a fully amortizing loan with equal monthly payments.
How it works
This calculator uses the standard amortization formula for a fixed-rate loan with equal monthly payments. Your payment stays the same for the whole term, but early payments go mostly toward interest, while later payments pay down more of the principal.
Tip
A shorter loan term means higher monthly payments but far less interest paid overall — try adjusting the term to see how much interest you could save.
More tools in this category
Calculator
A simple, fast online calculator for everyday arithmetic.
Scientific Calculator
A simple scientific calculator with trigonometric, logarithmic and power functions.
Interest Calculator
Calculate compound interest growth with optional monthly contributions.
Unit Converter
Convert between length, mass, volume, and temperature units.
Bill Splitter
Split a bill with tip between any number of people.
Percentage Calculator
Calculate percentages, find what percent one number is of another, or work out percent change — all in one tool.
Discount Calculator
Work out the final price after one or two stacked percentage discounts, and see exactly how much you saved.
VAT Calculator
Add VAT to a net price or remove VAT from a gross price, and see the net amount, gross amount, and tax amount at a glance.
Tip Calculator
Quickly work out how much to tip, split the total with friends, and see what everyone owes.