Loan Calculator
Work out the monthly payment for any fixed-rate loan, or flip it around and find the biggest loan a monthly budget can support.
Processed locally in your browser — nothing is uploaded.
Enter amount, rate, and term to see the payment.
About Loan Calculator
A general-purpose fixed-rate loan calculator: amount, APR, and term (in months or years) give you the monthly payment, total interest, and total repaid. The affordability mode inverts the same formula — enter what you can pay per month and it solves for the maximum loan amount.
Common uses
- Estimate a car or personal loan payment before applying
- See how much total interest a longer term really adds
- Turn a monthly budget into a realistic borrowing ceiling
Example
Input
$25,000 · 7% APR · 60 months
Output
$495.03/mo · $4,701.61 total interest
Limitations
- Assumes a fixed rate and standard monthly compounding; fees, insurance, and variable rates are not included.