Loan Calculator

Before you sign for a personal loan, car loan, or any fixed-rate borrowing, the number that matters most is the monthly payment — and right behind it, how much of your money goes to interest rather than paying down what you borrowed. A loan that looks affordable at a glance can cost far more over its full term than the headline rate suggests.

This calculator turns three inputs — loan amount, annual interest rate, and term in years — into the full picture: your fixed monthly payment, the total you'll pay over the life of the loan, and the total interest on top of the principal. It also builds a month-by-month amortization schedule so you can see how each payment splits between principal and interest, and how the balance falls over time.

Use it to compare offers honestly. Two loans with the same monthly payment but different terms can have very different total costs, and the schedule makes that trade-off visible. Everything is computed in your browser — no figures are uploaded or stored.