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Loan calculator

Calculate loan repayments and see how extra payments shorten the loan.

Free to use · Runs in your browser · No signup

This tool works in your browser. Enable JavaScript to select files and create your download.

How to use Loan calculator

  1. Enter the loan amount, interest rate, and term.
  2. Optionally add an extra monthly payment.
  3. Review the payment, total interest, and payoff time.

What you need

Nothing to upload. Type or paste directly into the tool; results update as you go.

Your result

Monthly payment, total interest, and a yearly breakdown.

Before you start

Assumes a fixed interest rate with monthly payments. Fees and variable rates are not included. This is an estimate, not financial advice.

Questions about Loan calculator

How do I use Loan calculator?

Enter the loan amount, interest rate, and term. Optionally add an extra monthly payment. Review the payment, total interest, and payoff time.

What does Loan calculator produce?

Monthly payment, total interest, and a yearly breakdown.

What should I check before using Loan calculator?

Assumes a fixed interest rate with monthly payments. Fees and variable rates are not included. This is an estimate, not financial advice.

Is what I type sent anywhere?

No. The calculation runs in your browser, and the text or numbers you enter are not uploaded or stored.