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Loan Calculator
loan · mortgage · payment · interest · amortization
Monthly Payment
$1,580.17
$250,000.00
Principal
$318,861.22
Total Interest
$568,861.22
Total Cost
Principal 44%Interest 56%
How to use
- 1
Enter loan amount, rate and term.
- 2
See the monthly payment and total interest.
- 3
Expand the amortization schedule.
FAQ
Is this tool free?
Yes — no sign-up, no installation, completely free to use right away.
What is this tool?
This tool estimates your monthly loan payment and the total interest you'll pay. Enter the loan amount, interest rate, and term, and it lays out what each month looks like. It's a helpful way to compare options before borrowing or to plan a budget. Everything is calculated in your browser, and none of your numbers are saved.