Loan Calculator
Monthly payment, total interest and payoff date for any loan, or how much you can borrow on a budget.
Loan term
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PrincipalInterest
Loan amount
With extra payment
Totals
Amortization scheduleby month
| Month | Principal | Interest | Balance |
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Why use this one
- Works for any fixed-rate loan. Car, personal, student or business loans: enter the amount, APR and term in months or years.
- Extra payments, made visible. Add an amount per month and see the months and interest you save and your new payoff date.
- Start from your budget. Switch to "How much can I borrow" to turn a monthly payment you can afford into a maximum loan amount.
- Share the exact numbers. Your inputs live in the link, so the person you send it to sees the same result. Nothing is uploaded.
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Results are estimates only and not financial advice. Your actual rate, fees and payment schedule come from your lender. The calculation assumes a fixed rate, monthly payments starting next month and interest of APR / 12 on the remaining balance, rounded to the cent; fees included in some APRs are not added to the payment. Inputs are saved only on this device. AboutPrivacy