Calculate monthly payments, total interest, and view a complete amortization schedule for any loan
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Use this free Loan Calculator to quickly determine your monthly payment amount, total interest paid, and a complete amortization breakdown over the term of your loan.
Whether you're applying for a home loan, car loan, or personal loan, this calculator helps you plan your finances with precision.
Calculates monthly loan repayments based on your input parameters.
Breaks down total interest vs. principal payments over the loan term.
Displays a detailed payment-by-payment schedule for the entire loan.
Provides charts to visualize payment distribution and interest accumulation.
Knowing how much you'll pay over the life of your loan — and how much is interest — empowers better financial decisions. This tool helps you:
Ideal for borrowers, home buyers, students, or financial advisors — this tool gives you everything needed to understand and compare loan options.
Your monthly payment, the total interest over the loan, and a detailed payment-by-payment amortization schedule, with charts for the interest-vs-principal split.
Monthly, bi-weekly or weekly payments, with loan terms entered in years or months.
Any currency, including USD, EUR, GBP, JPY and INR.
Yes — the breakdown makes it easy to see how extra payments reduce the total interest you pay over the loan's life.