Loan Calculator
Calculate loan payments, interest costs, and payoff timelines
$
%
years
Formula
M = P × [r(1+r)^n] / [(1+r)^n - 1]
Standard amortization formula for fixed-rate loans.
Examples
5k at 5.5% for 5yr
Monthly payment of $477.53, total interest $3,651.59.
Frequently Asked Questions
About Loan
A loan calculator helps you understand total borrowing costs. Compare different terms and rates to find the best option for your budget.
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