Loan Calculator

Loan Calculator helps you to determine the estimated monthly payments for your loan amount. It also gives the total interest amount.

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About Loan Calculator

Are you looking for the Loan Calculator to find how much monthly payment you need to pay for your loan? This is the right place for you. Our calculator will help you to compute the estimated monthly payments with the total interest amount and payoff month. In addition, you can find the amortization schedule for your loan.

Loan Calculator

How to use?

As you can see, the user interface of our tool is very simple. So, anyone can easily go through it. Just follow the steps below.

  1. Firstly, enter the loan amount, loan term (in years or months), and interest rate in the appropriate input fields.
  2. After that, just press the "Calculate" button.
  3. As a result, our system will display the monthly payments, total payments, total interest, and estimated payoff month.
  4. Also, you can press the "View Amortization Schedule" button to see the full amortization table.
  5. Lastly, press the "Reset" button to clear all the entered values and start the new calculation.