Skip to main content

Loan Calculator

Calculate monthly payments, total payments, and interest for loans. Includes a full amortization schedule.

%
Monthly Payment
30,618
Total Payment
12,859,746
Total Interest
2,859,746

Payment Breakdown

Principal (77.8%)
Interest (22.2%)

Amortization Schedule

MonthPaymentPrincipalInterestBalance
130,61818,11812,5009,981,882
230,61818,14112,4779,963,740
330,61818,16412,4559,945,577
430,61818,18612,4329,927,390
530,61818,20912,4099,909,181
630,61818,23212,3869,890,949
730,61818,25512,3649,872,694
830,61818,27812,3419,854,417
930,61818,30012,3189,836,116
1030,61818,32312,2959,817,793
1130,61818,34612,2729,799,447
1230,61818,36912,2499,781,078
Share this tool
📖

How to Use

Step 1

Enter Loan Info

Enter Loan Info

Enter loan amount, interest rate, term

Step 2

Calculate

Calculate

Payments are calculated automatically

Step 3

View Result

View Result

Check monthly and total payments

Features

Equal Payment Types

Supports both equal payment and equal principal methods

Amortization Schedule

Show monthly schedule with principal/interest breakdown

Prepayment Simulation

Simulate interest savings from prepayment

FAQ

Equal payment: fixed monthly total. Equal principal: fixed monthly principal (higher initial payments).