Online Calculator

Loan Calculator

Estimate the monthly payment on a fixed-payment loan from its amount, interest rate, and term.

Estimated monthly payment

304.22

Total interest

951.90

Total paid

10,951.90

Estimate based on fixed payments. Does not include fees, insurance, taxes, or other costs a financial institution may charge.

Information

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Instant result

The result updates directly based on the values you enter.

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Local processing

The calculations are done in your browser without sending the data to a server.

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Free

No registration, subscription, or paid API required.

Frequently asked questions

How is the monthly payment calculated?

The calculator uses the standard amortization formula for fixed payments, with a monthly rate derived from the annual rate.

Does it include commissions and insurance?

No. The calculation only considers the amount, interest and time.

What about a 0% interest?

The amount is divided by the number of months, without adding interest.

Is this a financial offer?

No. It is an approximate mathematical estimate and does not replace the terms offered by a financial institution.

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