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Loan Payment Calculator

Monthly payment, total cost, and interest.

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years

How it works

Monthly payment = P × r ÷ (1 − (1 + r)^−n), where P is the loan amount, r the monthly rate (annual rate ÷ 12), and n the number of monthly payments.

FAQ

Is this calculator free?

Yes. No signup is needed and nothing you enter is stored.

Is the result exact?

Results are rounded for display. For financial, medical, or legal decisions, confirm with a professional.

Do my numbers leave my device?

No. The calculation runs in your browser.