Loan Calculator
Plug in a loan amount, interest rate, and term to see your monthly payment plus how much goes toward principal versus interest.
How to use this tool
- Loan amountEnter the total you plan to borrow.
- Annual interest rate (%)Provide the loan's APR as a percentage.
- Loan term (years)Enter the repayment period in years.
- Extra monthly paymentOptional. Add any additional amount you expect to pay each month on top of the scheduled payment.
Select Calculate payment to see the monthly amount, total interest, and payoff schedule. Reset clears the form.
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