Loan Interest Calculator

Calculate your monthly payments and total interest for any loan

Loan Details

$
$100,000
%
years
$
Equal Payment: Fixed monthly payment amount throughout the loan term.

Your Results

Calculating...

How It Works

Our loan calculator uses the standard amortization formula to calculate your monthly payments. Simply enter your loan details and get instant results.

  • Accurate monthly payment calculations
  • Detailed payment schedule
  • Total interest breakdown
  • Visual charts and graphs
  • Export to PDF or Excel

Loan Types

Calculate payments for different types of loans:

  • Mortgage: Home loans typically 15-30 years
  • Auto Loan: Vehicle financing usually 3-7 years
  • Personal: Unsecured loans for various purposes

Tips for Borrowers

Make informed decisions with these tips:

  • Compare interest rates from multiple lenders
  • Consider shorter loan terms to save on interest
  • Make extra payments to reduce total interest
  • Check your credit score before applying