Calculate your loan interest and payments easily with our free online calculator. Get detailed breakdowns of your monthly payments, total interest, and loan amortization schedule.
Calculate your loan payments and interest with ease
Our loan interest calculator comes packed with powerful features to help you make informed financial decisions
Get immediate results for your loan calculations with real-time updates as you adjust the values.
Understand your loan breakdown better with interactive visual charts and graphs.
All calculations are performed locally in your browser. We don't store any of your financial data.
Get comprehensive breakdowns of principal, interest, and monthly payments over your loan term.
Quick and efficient calculations help you make faster financial decisions.
No hidden charges or subscription fees. Use our calculator as many times as you need.
Follow these simple steps to calculate your loan interest and payments
Input the total amount you plan to borrow in the "Loan Amount" field. This should be the principal amount without interest.
Enter the annual interest rate as a percentage. For example, if your rate is 5%, simply enter "5" in the field.
Input the duration of your loan in years. The calculator will convert this into monthly payments automatically.
Click "Calculate" to see your monthly payments, total interest, and a visual breakdown of your loan.
Find answers to common questions about our loan interest calculator
Read testimonials from people who use our loan calculator
"This loan calculator made it so easy to understand my mortgage payments. The visual breakdown really helped me plan my finances better."
"As a financial advisor, I recommend this calculator to all my clients. It's accurate, easy to use, and provides clear results."
"Perfect tool for comparing different loan scenarios. Helped me save thousands by understanding the impact of different interest rates."