💵 Loan Calculator
Free online loan calculator for estimating monthly payment, total payment, and total interest on a fixed-rate installment loan.
The displayed monthly payment is rounded to 2 decimals. Total payment and total interest use full-precision calculations, so multiplying the displayed monthly payment by the number of payments can produce a visible difference, especially with extreme inputs.
Disclaimer: This tool is for educational estimation only. It is not a loan quote, credit decision, official disclosure, or financial/legal/tax advice. Results depend on your inputs and fixed-rate installment assumptions; actual loan terms, fees, and disclosures are determined by licensed providers.
Privacy note: Calculations run locally by default. Your loan input data is not uploaded.
Free online loan calculator for estimating monthly payment, total payment, and total interest on a fixed-rate installment loan. Enter the loan amount, annual interest rate, and term in months or years. Educational estimate only; no APR, lender comparison, or loan recommendation.