Optimizing calculations...
Optimizing calculations...
Calculate monthly payments, total interest, and the full cost of any personal, student, or consolidation loan.
Monthly Payment
$500.95
Principal vs Interest
Total Interest
$5,056.92
Total Cost
$30,056.92
Estimate monthly home loan payments including taxes and insurance.
View complete month-by-month payment schedules with principal and interest breakdown.
Estimate monthly auto loan payments with sales tax and trade-in value.
Find implied rates, convert APR to APY, and compare effective annual rates.
See how extra payments reduce your loan term and save you interest.
Use this loan calculator to see if consolidating debt saves you money.
Enter your loan amount, annual interest rate, and repayment term to instantly see your monthly payment, total interest, and overall cost. Use this tool for personal loans, student loans, debt consolidation, or any fixed-rate installment loan.
With fixed-rate loans, early payments go mostly toward interest. Over time, more goes to principal. This amortization process means you build equity slowly at first, then faster as the loan matures.