Loan Calculator

Calculate your monthly payments, total interest, and see a full amortization breakdown.

Loan Amount ($)

Annual Interest Rate (%)

Loan Term (Years)

$0.00

Monthly Payment

$0.00

Total Interest

$0.00

Total Payment

How Loan Payments Work

Your monthly payment is calculated using this formula:

          M = P * [r(1+r)^n] / [(1+r)^n - 1]
        

Where: