Everyday Tools

Online tool

Loan calculator

Estimate a monthly loan payment from principal, annual interest rate, and term in months. A zero-rate loan is handled separately.

Monthly payment

3,133.64

Total interest

12,810.92

Total paid

112,810.92

FAQ

What formula is used?

The calculator uses the standard annuity payment formula with a monthly interest rate.

Do I need an account to use Loan calculator?

No. It is free and works without registration.

Is my data sent to a server?

Calculations and conversions run locally in your browser. The only exception is the IP page, where the server returns your IP address.

Does it work on mobile?

Yes. The layout is responsive and works on phones, tablets, and desktop screens.