Loan Calculator

Calculate monthly payments, total interest, and view a complete amortization schedule for your loan.

Loan Amount:

Please enter a valid loan amount (greater than 0).

Interest Rate:

Please enter a valid interest rate (between 0.01 and 30).

Loan Term:

Please enter a valid loan term (between 1 and 50).

Compound Period:

Payment Frequency:

Payment Type:

Extra Payment:

Monthly Payment: $0.00

Total Principal: $0.00

Total Interest: $0.00

Total Cost of Loan: $0.00

Pay-off Date: N/A

Interest Savings: $0.00

Payment #	Payment Date	Payment	Principal	Interest	Extra Payment	Balance

Making extra payments can significantly reduce the total interest paid over the life of the loan.
Bi-weekly payments (26 payments per year) can help you pay off your loan faster than monthly payments.
Consider refinancing if interest rates drop significantly below your current rate.
Monitor your credit score to qualify for better interest rates on future loans.