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Loan Calculator

Calculate monthly loan payments, total interest, and amortization schedules for any loan amount and term.

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Press Ctrl+Enter to calculate • Ctrl+R to reset

What is Loan Calculator?

Overview

Our comprehensive loan calculator helps you understand the true cost of borrowing. Calculate monthly payments, total interest paid over the life of the loan, and view detailed amortization schedules. Whether you're considering a personal loan, auto loan, or mortgage, this calculator provides all the information you need to make informed financial decisions.

How To Use

  1. 1
    Enter the required values in the input fields
  2. 2
    Select any options from the dropdown menus
  3. 3
    Click the 'Calculate' button to get your result
  4. 4
    Review your calculated result and breakdown

Real World Examples

1 of 1

$10,000 loan at 5% for 3 years

A $10,000 loan at 5% annual interest for 3 years results in monthly payments of $299.71, with $789.56 paid in total interest.

Frequently Asked Questions

Table of Contents

Info

Category:
finance
Tags:
loanfinancepaymentinterestpopulareducational