Loan Calculator
Estimate the monthly payment, total interest and payoff date of a loan or mortgage, see the full payment table and download it. Free and private.
More options
Estimate
Shortcuts: Ctrl+Enter run · Ctrl+Shift+C copy result · / search (use ⌘ on Mac)
Next steps
Done here? Use the Send to… menu on the result to carry it on to Compound Interest Calculator or Percentage Calculator.
Free Online Loan and Mortgage Calculator
Find out what a loan or mortgage may cost each month and in total. Type the amount, the yearly interest rate and the term, and get an estimate with a month-by-month table you can download. Estimate the monthly payment, the total interest and the payoff date of a loan or mortgage. A full payment table shows how much of each payment is interest and how much pays the loan down.
How to estimate a loan payment
Type the loan amount, the yearly interest rate in percent and how long you will take to repay it, in years or months. The monthly payment, the interest and the payoff appear straight away.
Extra payment and dates
Open "More options" to add an extra amount each month, the date of the first payment (to see the payoff date and a dated table) and a currency label such as $ or EUR. The label is only text: no currency is assumed.
The payment table
The table lists every payment with the part that repays the loan, the part that is interest and what is still owed. "Download CSV" opens in any spreadsheet.
Common mistakes
- Typing the monthly rate instead of the yearly rate: enter the yearly figure, such as 6, not 0.5.
- Forgetting that taxes, insurance and fees are not in this estimate.