Calculators
Loan Calculator
Calculate monthly payments and compare the effect of extra repayments.
Processed locally
Fixed nominal annual rate, monthly payments. Not a lender quote or APR calculation. Enter local taxes and fees yourself.
Help and method
Loan Calculator: Monthly payment = P × r / (1 − (1+r)^−n); r = Annual rate (%) / 1200. r = 0 → P / n. Extra monthly payment → Balance ↓.
Amortization — CalculatorSoupMethods and reliabilityWorked example
An example you can try or adapt to your own values.
- Loan amount
- 100000
- Annual rate (%)
- 6%
- Term (months)
- 360
Result
Monthly payment: 599.55 Total interest: 115838.19