Loan Calculator

Calculate loan payments, total interest, and payoff amount for any loan.

Inputs

Loan Amount ($)

Interest Rate (%)

Loan Term (years)

Monthly Payment

$500.95

Total Interest

$5,056.92

Total Payment

$30,056.92

Calculate your loan payments and see how much interest you'll pay over the life of your loan.

How is loan interest calculated?

Most loans use amortized interest, calculated monthly on the remaining balance.