Loan calculator

Enter price, down payment, and rate; choose the calculation method as in your bank offer; then see the payment and schedule. Free in your browser with no signup.

1) Loan details

For example home or car price before subtracting the down payment.

Yearly rate from the offer (example: 4.5 means 4.5% per year).

2) How is interest calculated?

Pick the method named in your bank offer or loan contract. A short plain-language tip appears under the list.

Years example: 5% × 5 = 25% of the loan. Months example: if the bank says “1% per month for 60 months”, choose the second option.

3) Fees & extras (optional)

Leave these at zero if your offer has no fees, grace period, or large final payment.

For example a fixed monthly insurance. Leave 0 if none.

Number of opening payments that are interest-only with no principal reduction. Leave 0 if there is no grace period.

Leave 0 if there is no large final payment. Used only with reducing balance and flat-rate methods.

Amount the lender finances
Payment per period
First payment
Last payment
Total interest
Total you will pay
Total interest as % of loan amount
Approx. APR for comparison
Fees paid upfront

A rough figure to compare offers that use different formulas. Not a substitute for the lender’s official APR.

Payment schedule (first 12 payments)

This page shows the first 12 payments only. Print and PDF include the full calculation and every installment.

# Payment Toward loan Interest Remaining