Loan Calculator— Free & Private
Calculate monthly loan payments and total repayment amounts.
Monthly Payment
$471.78
All calculations happen in your browser. No data stored.
What Is a Loan Calculator?
A loan calculator determines your monthly repayment amount, total interest cost, and overall repayment total for any type of loan — personal, auto, student, or other fixed-rate loans. By entering the loan amount, interest rate, and repayment term, you can see exactly how much you will pay each month and over the full loan period. Our calculator runs entirely in your browser with no financial data collected or stored.
How to Use Loan Calculator
Enter loan amount
Input the total amount you are borrowing.
Set interest rate and term
Enter the annual interest rate and the loan term in months or years.
Calculate payments
Click Calculate to see your monthly payment, total interest, and total repayment amount.
Why Use Our Loan Calculator?
Frequently Asked Questions
What types of loans can I calculate?
The calculator works for any fixed-rate installment loan including personal loans, auto loans, student loans, and business loans. It assumes equal monthly payments.
How does the loan term affect my monthly payment?
A longer loan term reduces the monthly payment but increases the total interest paid. A shorter term means higher monthly payments but less total interest over the life of the loan.
Does this calculator handle variable or adjustable interest rates?
This calculator uses a fixed interest rate. For variable-rate loans, you can run multiple calculations at different rates to estimate a range of possible payments.