Calculate your loan payments easily. Enter loan amount, interest rate, and term to see monthly payment, total payment, and interest.
Monthly Payment: $0
Total Payment: $0
Total Interest: $0
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About This Tool

This loan calculator helps you plan your finances by estimating monthly payments and total interest based on loan amount, interest rate, and term.

How It Works

The calculator uses the standard amortization formula to determine monthly payments and total interest. Enter the loan details and click "Calculate" to see results instantly.

Advice & Tips

Compare different interest rates and terms to find the best option. Lower interest rates and shorter terms reduce total interest paid.

FAQs

Can I use decimals for interest? Yes, e.g., 4.5%.
Does it include extra fees? No, only basic loan calculation.
Is it free? Yes, fully free to use on your site.