Loan Payment Calculator

Estimate Monthly Loan Payment

Calculates fixed monthly payments for amortization loans (e.g., mortgages, auto loans). Does not account for taxes, insurance, or fees.

Estimated Payments:

Monthly Payment: $0.00

Total Principal Paid: $0.00

Total Interest Paid: $0.00

Total Cost of Loan: $0.00

How to Use

  1. Enter the total Loan Amount.
  2. Enter the Annual Interest Rate as a percentage (e.g., enter 6.5 for 6.5%).
  3. Enter the Loan Term in years.
  4. Click the "Calculate Payment" button.
  5. The estimated Monthly Payment and total loan costs will be displayed.

Disclaimer: This is an estimate for principal and interest only. Actual payments may be higher due to taxes, insurance (PMI/Homeowners), or other fees.