Instant

Loan Calculator

Estimate monthly payments and total interest for any fixed-rate loan: mortgage, auto, or personal. Free and instant.

Loan amount

Annual interest rate: 6.5%

Term: 30 years

Monthly payment

$1,580.17

Total of 360 payments: $568,861.22

Total interest: $318,861.22

FAQ

How is the monthly payment calculated?

We use the standard amortizing loan formula based on principal, annual interest rate, and term in years.

Does it work for mortgages and car loans?

Yes. It works for any fixed-rate amortizing loan: mortgage, auto, personal, or student loans.

Is my data saved?

No. All math runs in your browser. Nothing is stored or sent.