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Loan Calculator
Calculate monthly payments and total interest for your loans
Loan Details
Quick Loan Presets
Home Loan
Car Loan
Personal
Business
Loan Amount
Annual Interest Rate (%)
Loan Term (Years)
Extra Monthly Payment (Optional)
Additional amount to pay each month toward principal
Currency
USD ($)
EUR (€)
GBP (£)
INR (₹)
CAD (C$)
AUD (A$)
Calculate Loan
Loan Summary
Monthly Payment
$0.00
Including extra payment: $0.00
Extra Payment Benefits
0
Years Saved
$0
Interest Saved
Loan Breakdown
Total Amount
$0.00
Total Interest
$0.00
Loan Term
0
years
Interest Rate
0
%
Payment Breakdown
Payment Over Time
Amortization Schedule
Yearly
Monthly
Payment #
Payment Date
Payment Amount
Principal
Interest
Balance
Loan Comparison
Smart Borrowing Tips
Smart Strategies
Make extra payments toward principal
Consider biweekly payment schedules
Shop around for the best interest rates
Maintain a good credit score for refinancing
Common Mistakes
Ignoring the total interest costs
Borrowing more than you need
Focusing only on monthly payments
Not reading the loan terms carefully