Free · No sign-up · Works on any device

Loan payments, worked out in seconds

Enter the amount, rate and term. Your monthly payment and total interest update as you type.

Loan amountUSD

Interest rate% / yr

Loan termyears

Monthly payment

–

Principal–

Total interest–

Total to repay–

⚡ Instant•✓ Simple•🔒 Nothing is stored

How it works

Three quick steps, and the math is done for you.

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Type the amount, yearly interest rate and number of years.

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Your monthly payment and total interest appear instantly.

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Change the rate or term to see how much you could save.

Simple tools for everyday money and time questions.

Personal, auto and student loan payments.

Monthly cost of a home loan.

Days, weeks and business days between dates.

Discounts, tips and percentage change.

Most fixed-rate loans use the same formula.

Payment = P × r ÷ (1 − (1 + r)⁻ⁿ)
P = loan amount · r = monthly rate · n = number of months

Does a lower rate matter that much?

Yes. Even one point less can save hundreds in interest over a few years. Try different rates above.

Is a shorter term better?

A shorter term means a higher monthly payment but much less total interest. Choose the shortest term you can pay comfortably.

Does this include fees or taxes?

No. Results cover principal and interest only. Fees, insurance and taxes are extra.