Loan Calculator
Calculate your monthly mortgage, auto loan or personal loan payment instantly. See total interest paid, total cost, payoff date and a full month-by-month amortization schedule. All calculations run in your browser — your financial data stays private.
How to Calculate Your Loan Payment
Why Use Our Loan Calculator?
What Our Loan Calculator Offers
Frequently Asked Questions
Select the Mortgage tab, enter the home price, down payment, interest rate and loan term, then click Calculate. The tool shows your monthly payment including principal, interest, taxes and insurance if entered.
An amortization schedule shows how each monthly payment is split between principal and interest over the life of the loan, and how your remaining balance decreases each month until it reaches zero at payoff.
The calculator uses the standard amortization formula: M = P[r(1+r)^n]/[(1+r)^n-1], where P is the loan amount, r is the monthly interest rate and n is the number of payments.
Yes, completely free with no signup, registration or hidden fees. All three calculators — mortgage, auto loan and personal loan — are included.
Yes. The Mortgage tab includes optional fields for annual property tax and home insurance. These are divided by 12 and added to your monthly principal and interest payment for a complete PITI estimate.
Yes. All calculations run entirely in your browser using JavaScript. Your financial information is never sent to any server and is not stored anywhere.