Loan Calculator
Calculates the monthly payment and total interest for any fixed-rate loan.
Inputs
- Loan amount ($)
- Interest rate (APR) (%)
- Term (months)
Example
Monthly payment: $484.01
| Total of payments | $17,424 |
|---|---|
| Total interest | $2,424 |
How it works
Fixed-rate, equal monthly payments. Estimate.
FAQ
How does the Loan Calculator work?
Calculates the monthly payment and total interest for any fixed-rate loan. Fixed-rate, equal monthly payments. Estimate.
Is the Loan Calculator free?
Yes — every calculator on Calcova is free and you can download the results to Excel.