Calculators
Loan Calculator
Calculate loan payments and interest
Loan Details
5%
Results
Monthly Payment
$536.82
Total Payment
$193,255.78
Total Interest
$93,255.78
Why Use Loan Calculator?
- ✓100% Free - No hidden costs or premium features
- ✓No Signup Required - Start using instantly without creating an account
- ✓Privacy First - All processing happens in your browser. Your data never leaves your device
- ✓Lightning Fast - Instant results with no server delays
How to Use
- Enter or paste your text in the input area above
- The tool will automatically process your input
- Copy the result or download it as a file
Features
- ✓Monthly payment calculation
- ✓Total interest calculation
- ✓Amortization schedule
- ✓Extra payment scenarios
- ✓Different loan types
- ✓Visual payment breakdown
Frequently Asked Questions
How is monthly loan payment calculated?
Monthly payment is calculated using the loan amount, interest rate, and loan term. Our calculator uses the standard amortization formula to give you accurate results.
What is an amortization schedule?
An amortization schedule shows how each payment is split between principal and interest over the life of the loan, and remaining balance after each payment.