Loan calculator
Enter the loan amount, annual interest rate and term in months to get the monthly payment, total interest and total paid.
Result
A $10,000 loan at 12% APR over 36 months costs about $332/month and $1,957 in interest.
Example
Calculate the monthly payment and total cost of a fixed-rate loan in your browser. Values stay on your device; no live rates.
A $10,000 loan at 12% APR over 36 months costs about $332/month and $1,957 in interest.
Processed locally in your browser.
Methodology
Monthly payment uses the amortization formula M = P·r·(1+r)^n / ((1+r)^n − 1), where P is principal, r is the monthly rate and n is the number of payments.
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