Loan Calculator
Payment, total interest, and payoff time for any loan.
Monthly payment
$395.08
Total paid
$23,704.86
Total interest
$3,704.86
For estimates only.
How to use
- Enter the loan amount (principal), annual interest rate, and term.
- See the monthly payment and total interest.
- Use the results to compare offers or plan payoff.
Examples
- $20,000 at 7% for 5 years
- $10,000 at 4% for 3 years
FAQ
- What rate format?
- Enter the nominal annual rate (e.g. 6 for 6%). APR can include fees; we use the rate you provide.
- Is this for any loan?
- Yes—auto, personal, or other fixed-term loans with a fixed rate.
Informational only; verify critical results independently.
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