Math
Loan Calculator
Enter principal, annual rate and term — calculates exact PMT.
Esc Clear
Monthly payment
Total paid
Total interest
Principal
Total interest
First payment breakdown
Interest:
Principal:
Enter loan details to calculate
What does Loan Calculator?
A loan calculator that computes the monthly payment, total repayment, and total interest cost — from the amount, annual rate, and term.
How to use Loan Calculator?
- Enter the loan amount.
- Enter the annual interest rate and the term in years or months.
- Monthly payment, total repayment, and interest cost appear instantly.
Key features
- Visual breakdown of principal vs. interest ratio
- Shows how the first payment splits between principal and interest
- Term can be entered in years or months
Frequently asked questions
Is the interest rate entered as an annual rate?
Yes. Enter the annual rate — the tool converts it to a monthly rate automatically.
What is the difference between total repayment and interest cost?
Total repayment includes principal plus interest. Interest cost is only the extra amount you pay on top of the principal.
Is this tool free?
Yes, this tool is completely free and requires no registration.
Is my data saved?
No. All calculations happen in your browser only — no data is sent to any server.