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Loan Calculator

Online Loan Calculator calculates the monthly payment, total payment and total interest based on the loan amount (principal), loan term, and annual interest rate.

Withdrawal are made at the beginning of each period.

  • Monthly Payment:
  • 380.44
  • Total Payment:
  • 18261.06
  • Total Interest Paid:
  • 3261.06
Input loan amount (principal), loan term, and annual interest rate, click the "Calculate" button, results will appear immediately.
  • Loan Amount:
  • Loan Term:
  • Interest Rate:
    % per year

1. Loan Amount:

The total amount of money that you loan.

2. Loan Term:

How long it takes you to repay the loan.

3. Interest Rate:

Often mentioned as “nominal annual interest rate.”

More Information: More about Loan