Calculate your loan payments, interest rates, and amortization schedule with our easy-to-use calculator. Make informed financial decisions with accurate results.
Calculate your loan payments and total interest with ease
Fill in the calculator form to see your loan details
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Everything you need to calculate and understand your loan payments
Get immediate results for your loan calculations with real-time updates as you input values.
Our calculator uses precise formulas to ensure 100% accuracy in all calculations.
Stay current with the latest interest rates and calculation methods.
Your calculations are performed locally and never stored or shared.
Calculate interest for personal, auto, mortgage, and business loans.
View comprehensive breakdowns of principal, interest, and total payments.
Follow these simple steps to calculate your loan interest
Input the total amount you plan to borrow in the "Loan Amount" field. This should be the principal amount without interest.
💡 Tip: Enter the amount in dollars without any commas or currency symbols
Enter the annual interest rate as a percentage. For example, if your rate is 5.5%, simply enter 5.5 in the field.
💡 Tip: Use the annual percentage rate (APR) for most accurate results
Specify the duration of your loan in years. The calculator will convert this into monthly payments automatically.
💡 Tip: Enter whole numbers for years (e.g., 5, 10, 15, 30)
Shows your fixed monthly payment amount including both principal and interest
Displays the total amount of interest you'll pay over the life of the loan
Shows the total amount you'll pay including both principal and interest
Confirms the annual interest rate used in calculations
Get answers to common questions about loan interest calculations
Real feedback from people who use our loan calculator
Home Buyer
"This calculator helped me understand my mortgage payments before I committed. The results were accurate and helped me make an informed decision."
Small Business Owner
"Simple to use and incredibly helpful for planning business loans. The detailed breakdown of payments made financial planning much easier."
Student
"Perfect for calculating student loan payments. The interface is user-friendly and gives me a clear picture of my future financial commitments."
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