Finance Tools

Loan Calculator

Estimate your monthly loan payment, total interest, payoff date, and full amortization schedule.

Loan planning made simple

Estimate your loan payment

Adjust the details below to see your payment, interest cost, payoff date, and amortization schedule.

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Loan Calculator Features

Plan Your Loan With Confidence

See the cost of borrowing before you commit, with clear monthly payment and payoff details.

Common Questions

Loan Calculator FAQs

Answers to common questions about loan payments.

For fixed-rate loans, the calculator uses the loan amount, monthly interest rate, and total number of monthly payments to calculate a level principal-and-interest payment.

No. The result estimates principal and interest only. Add any taxes, insurance, lender fees, or other costs separately when comparing loan offers.

Extra monthly payments are applied to the outstanding principal in this estimate. This can reduce both the total interest paid and the time needed to pay off the loan.

Still have questions?

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