Loan Calculator

Monthly payment, total interest, and full cost of any fixed-rate loan.

100% in your browser · No uploads
Monthly payment$396.02
Total interest paid$3,761.44
Total cost of loan$23,761.44

What this does

Loan Calculator computes the monthly payment, total interest, and total cost of any fixed-rate loan — personal, auto, student, business, you name it.

When to use it

  • Choosing between two car loan offers
  • Deciding how much you can borrow for a personal loan
  • Modeling early repayment against the original schedule
  • Comparing a 3-year vs 5-year loan term

Frequently asked

Can I model variable-rate loans?

Not yet — this assumes a fixed APR. Variable-rate modeling is on the roadmap.

Does it handle interest-only loans?

Not directly. This calculator assumes you're paying principal + interest from month one.