Home β€Ί πŸ’° Financial β€Ί Loan Calculator
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Loan Calculator

Whether comparing mortgages, car loans, or personal loans, this calculator shows exactly what you will pay.

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About the Loan Calculator

Whether comparing mortgages, car loans, or personal loans, this calculator shows exactly what you will pay.

Calculate monthly payments, total interest, and total repayment for any loan. This calculator is completely free β€” no sign-up, no email, no paywalls. Results are estimates; always verify with a qualified professional for high-stakes decisions.

Frequently Asked Questions

How is a loan payment calculated?
Monthly payment = P Γ— r(1+r)^n / ((1+r)^n βˆ’ 1).
Does a longer loan term lower payments?
Yes, but you pay significantly more total interest.
What affects my interest rate?
Credit score, loan term, loan type, down payment, and prevailing rates.
Should I make extra payments?
Yes β€” even small extra payments applied to principal dramatically reduce total interest.

πŸ“‹ How to Use

  1. Enter your values in the fields above
  2. Click Calculate or press Enter
  3. View your instant results and chart
  4. Export to CSV or share your results