Loan Payment Calculator

Work out your monthly repayment, total cost and total interest. Free, online, no sign-up.

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Compare loan offers

Check current rates and pick the lowest monthly payment.

Results are for information only and do not constitute an offer. Actual terms (APR, fees, insurance) are set by the lender's agreement.

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Frequently asked questions

How is the loan payment calculated?

We use the annuity (equal-payment) formula: payment = principal × monthly rate × (1+rate)^n / ((1+rate)^n − 1), where n is the number of payments and the monthly rate is the annual rate divided by 12.

Does it include fees and insurance?

No — it uses the loan amount and nominal interest rate. APR (which includes fees and insurance) depends on the specific offer and is provided by the lender.

Is my data sent anywhere?

No. The whole calculation runs in your browser — nothing is sent to a server.