Loan Calculator - Calculate Loan Payments & Interest
Calculate loan payments, interest costs, and monthly payments with our free loan calculator. Get amortization schedules for mortgages, auto loans, personal loans, and calculate total interest costs with detailed payment breakdowns.
Loan Calculator
Calculate monthly payments, interest, and amortization schedules
Quick Loan Presets
Loan Details
Understanding Loan Calculations
Key Terms:
- • Principal: The original loan amount
- • Interest Rate: Annual percentage rate (APR)
- • Term: Length of time to repay the loan
- • Amortization: Gradual loan payoff schedule
Important Notes:
- • Early payments reduce total interest
- • Lower rates save money over time
- • Shorter terms mean higher payments but less interest
- • These are estimates - actual terms may vary
All calculations are estimates and should be verified with your lender for accurate terms.