Loan calculator
Calculate monthly payment, total interest and amortization schedule for any loan.
Our loan calculator computes instantly as you type and shows every intermediate result so you understand the math. Free, no sign-up, works on any device.
Formula: Payment formula: M = P · r / (1 − (1 + r)⁻ⁿ), where r is the monthly rate and n the number of payments.
Loan calculator: how to use it
- Enter your values (you can switch units).
- The result is calculated automatically.
- Review the breakdown and results table.
- Copy the result in one click.
Features
- Real-time calculation.
- Detailed breakdown and tables.
- Metric and imperial units.
- Private: nothing leaves your browser.
Frequently asked questions
Are the results accurate?
We use standard formulas with double-precision math. For important financial or medical decisions, consult a professional.
Do you store my data?
No. Calculations run in your browser.
Can I use it on my phone?
Yes, it is mobile-optimized.