Loan Calculator

Calculate loan payments, interest, and amortization

Monthly Payment
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Total Interest
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Total Payment
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How to Use Loan Calculator

  1. Enter the loan amount
  2. Set the annual interest rate
  3. Choose the loan term in years
  4. See monthly payment and total interest

About Loan Calculator

Calculate loan payments, total interest, and view amortization schedules. Works for mortgages, car loans, personal loans, and any fixed-rate loan.

Frequently Asked Questions

What type of loans does this calculate?

Any fixed-rate loan including mortgages, car loans, and personal loans.

How is monthly payment calculated?

Using the standard amortization formula that accounts for principal and interest.

Does this include taxes and insurance?

No, this calculates principal and interest only. Add those separately for total housing cost.

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