Loan Calculator
Calculates a loan's fixed monthly payment, total amount paid, and total interest. Enter the principal, annual interest rate percent, and term in years separated by commas, like "200000, 6, 30".
Calculates a loan's fixed monthly payment, total amount paid, and total interest. Enter the principal, annual interest rate percent, and term in years separated by commas, like "200000, 6, 30".
Use cases
- Estimating the monthly payment on a mortgage or auto loan
- Comparing total interest paid across different loan terms
Examples
$200,000 at 6% over 30 years
200000, 6, 30
{"monthly_payment": 1199.1, "total_paid": 431676.38, "total_interest": 231676.38}FAQ
Is my data sent to a server?
Yes — the calculation runs on the server for this tool.