Loan Calculator

Enter the amount, interest rate and term to see your monthly payment, total interest and total cost.

A loan payment is split between interest and principal every month. This calculator uses the standard amortizing formula so you can compare offers, check how much interest a longer term really costs, or plan a budget for a car, a laptop or a student loan — before you sign anything.

Monthly payment uses the standard amortization formula: M = P × r(1+r)ᵗ / ((1+r)ᵗ − 1). This estimate ignores fees and daily compounding — check the final terms with your lender.