Loan Calculator

If you need a simple loan and want to figure out what your payment will be, this is the perfect calculator for you. You can vary the interest rate and number of payments to see what effect they'll have on your monthly payment. You might also be interested in our loan comparison calculator, where you can compare different loan options and see the effect they'll have on your interest and total payments. If you're looking for a home or car loan and would like to be able to input down payments, trade-in allowances, insurance, or taxes, you'll probably find our mortgage calculator or car loan calculator to be more appropriate.

Loan Payment Calculator

Interested in getting a loan but aren't sure what your monthly payment would be? Use our free loan calculator below and find out.

Loan Amount ($):
Interest Rate (%):
Number of payments (# months):
Monthly payment amount:

What You Should Know