Loan Calculator
Calculate monthly payments and total interest for loans.
Use this free online Loan Calculator to compute monthly payments, total interest, and full amortization schedules for fixed-rate loans with optional additional payments. Use it for budgeting, pricing, forecasting, and comparison work where small input changes can materially affect the final decision. The form focuses on Loan Amount ($), Annual Interest Rate (%), Loan Term (years) and returns Results, so you can move from input to answer without setting up a spreadsheet or custom script. Run one realistic example, adjust the inputs, and compare how the result changes before you copy or share it. The output is an estimate rather than financial advice, so confirm assumptions, taxes, fees, and policy details before making commitments.