Loan Payment Calculator

Loan Payment Calculator is a free tool that runs entirely in your browser, with no data ever sent to a server. Estimate the monthly payment, total cost, and interest on a loan.

What it's for

Compare several loan offers, estimate a monthly payment before meeting a bank, or see the effect of a longer term on total interest cost.

What this tool does not do

This tool only applies the calculation described, with no check on the context of use. No limit is set by the tool itself; the only constraint is your device's memory.

Frequently asked questions

Does this calculation match my bank's exact offer?

It's an estimate based on a fixed rate and constant monthly payments, excluding insurance and application fees. A bank's real offer may include extra fees that increase the total cost.

Is my data sent to a server?

No: the amounts you enter are processed entirely in your browser, on your device. They are never transmitted to a server.

Do I need to create an account or install anything?

No: the tool works directly in this page, with no sign-up and nothing to install.