Loan Payment Calculator

Calculate monthly payments for any loan

Loan Payment Calculation

Enter loan details to calculate monthly payments

Loan Amount ($)

Interest Rate (%)

Loan Term (Years)

How it works:

Uses the standard loan payment formula to calculate fixed monthly payments based on principal, interest rate, and loan term. Works for auto loans, personal loans, and other installment loans.

What is this calculator?

Calculates monthly loan payments
Works for any type of installment loan
Shows total interest cost
Handles zero interest loans
Accurate amortization calculations

Why do you need it?

Budget for loan payments
Compare loan offers
Plan major purchases
Understand borrowing costs
Financial planning

When do you need it?

Buying a car
Taking personal loans
Financing equipment
Student loan planning
Debt consolidation

Every Calculator