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Loan Payment Calculator

Calculate monthly payment, total interest and total repayment for a fixed-rate loan.

Loan amount

Annual interest %

Term in years

Privacy: this tool processes your input in your browser unless clearly stated otherwise. Nothing is uploaded by this page.

About Loan Payment Calculator

Monthly payment is only one part of a loan decision; total interest and total repayment matter too.

The calculator models a standard fixed-rate amortizing loan from principal, rate and term.

Lenders can add fees, insurance, variable rates or different payment conventions.

Check units, dates and assumptions before using the result.
Keep a copy of important source values if you need to reproduce the calculation.
For financial, tax or other consequential decisions, confirm the final figure with an authoritative source.

Is this tool free to use?

Yes. It is provided as a free browser-based utility.

Do I need an account?

No account is required for ordinary use.

Can I rely on the result for an official decision?

No. Treat the result as an estimate or utility output and verify important decisions with the appropriate official source.

See our Methodology & Editorial Standards for how tools are tested and explained.