US loan calculator
Loan Calculator
Estimate monthly payments, total interest and total repayment for a fixed-rate personal loan, auto loan or other installment loan.
How this loan calculator works
This calculator estimates the monthly payment for a fixed-rate loan. It uses the loan amount, annual interest rate and repayment term to calculate estimated monthly payments, total interest and total repayment.
What affects a loan payment?
The main factors are the amount borrowed, the interest rate and the length of the loan. A longer term usually lowers the monthly payment but may increase the total interest paid over time.
Personal loan and auto loan estimates
You can use this tool for simple personal loan, auto loan or other fixed installment loan estimates. It does not include lender fees, insurance, taxes or other charges.
APR vs interest rate
The interest rate shows the cost of borrowing before some fees. APR may include certain fees and can give a broader estimate of borrowing cost.
Important note
This calculator is for educational estimates only. Actual loan offers depend on credit score, lender requirements, fees, income and other financial factors.