Work out the monthly payment, total interest, and payoff time for any loan, then see a full amortization preview — all computed instantly in your browser.
How to use Loan Calculator
Enter the loan amount, interest rate, and term.
Switch the term between years and months if needed.
Review the payment, total interest, and amortization schedule.
Frequently asked questions
How is the monthly payment calculated?
It uses the standard amortizing-loan formula, so each payment covers that month’s interest plus principal, fully paying off the loan over the term.
Does it include taxes or fees?
No — this is the principal-and-interest payment. For car-specific taxes and fees, use the Auto Loan Calculator.