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Loan Calculator
Calculate loan payments, total interest, and view complete amortization schedules. Perfect for mortgages, auto loans, and personal loans.
Instant Calculation
Get results immediately
Amortization Schedule
Detailed payment breakdown
Total Interest
See total cost over loan term
Loan Calculator
Calculate monthly payments, total interest, and payment schedules for loans
About Loan Calculations
This loan calculator uses the standard amortization formula to calculate monthly payments and generate a complete payment schedule showing how much of each payment goes toward principal and interest.
Formula Used:
M = P × [r(1+r)ⁿ] / [(1+r)ⁿ - 1]
Where:
- • M = Monthly payment
- • P = Principal loan amount
- • r = Monthly interest rate
- • n = Total number of payments
Key Features:
- • Accurate monthly payment calculation
- • Complete amortization schedule
- • Total interest and payment breakdown
- • CSV export for payment schedule
- • Support for various loan terms
- • Real-time calculation updates