Loan Payment Calculator

- {{ interest }}% +
- {{ payback }} {{ 'Years' | translate }} +
- {{ loanAmount }} {{ 'usd' | translate }} +
{{ "Payback Type" | translate }}:
{{ "Payment Frequency" | translate }}:

{{ "Loan Amount" | translate }}:

{{loanAmount}} {{ "usd" | translate }}

{{ "Total Interest" | translate }}:

{{ totalInterest | number: 2 }} {{ "usd" | translate }}

{{ "Loan Amount + Interest" | translate }}:

{{ loanAmount + totalInterest | number: 2 }} {{ "usd" | translate }}

{{ "Month" | translate }} {{ "Quarter" | translate }} {{ "Half Year" | translate }} {{ "Year" | translate }} {{ "Payment Month" | translate }} {{ "Payment Quarter" | translate }} {{ "Payment Half Year" | translate }} {{ "Payment Year" | translate }}
{{ "Amortization" | translate }}
{{ "Interest" | translate }}
{{ "Payments" | translate }}
{{ "Debt remains" | translate }}
({{ "outstanding debt" | translate }})
{{ "Payment Month" | translate }}:{{ date | amAdd : item.month : 'months' | amDateFormat : 'MMMM' | translate }}{{ date | amAdd : item.month : 'months' | amDateFormat : ', YYYY' }}
{{ "Amortization" | translate }}:{{ item.amount | number: 2 }}
{{ "Interest" | translate }}:{{ item.interest | number: 2 }}
{{ "Payments" | translate }}:{{ item.annuity | number: 2 }}
{{ "Debt remains" | translate }}:{{ item.debt | number: 2 }}
{{ "Total" | translate }}
{{ "Amortization" | translate }}:{{ totalAmount | number: 2 }}
{{ "Interest" | translate }}:{{ totalInterest | number: 2 }}
{{ "Payments" | translate }}:{{ totalPayments | number: 2 }}
{{ "Debt remains" | translate }}:{{ totalDebt | number: 2 }}

Loan Calculator

Whether you are considering taking out a loan for an auto purchase, mortgage, or a personal loan, it’s still important to understand the costs involved as well as how long it would take you to pay off the loan. A loan calculator can assist with this.

When calculating a loan, it should be understood that a variety of factors could affect the total amount you will pay for the loan as well as the payoff for your loan at any given time. The two most important factors affecting the cost of your loan are the percentage rate and the term of the loan.

Tip: Compare loan rates for free

Loan Payoff Calculator

The percentage rate for a loan may vary based on the current market along with your personal credit rating. In general, consumers with better credit ratings are offered lower interest rates.

The length or term of the loan may also affect the interest rate a lender offers. In addition, the length of time you finance the money borrowed will affect the amount you pay for financing. The longer it takes you to repay a loan, the more the loan will cost.

A loan payoff calculator can help you to understand how much is required to pay off a loan at any point during the loan term.

Calculate Loan Payments

Your loan payments will also be affected by the interest rate as well as the term of the loan. The longer you finance a loan, the lower your payments. Of course, this also means that you will pay more over the life of the loan.

Conversely, the shorter the term of the loan, the higher the payments, but the lower the total cost of the loan. A loan payment calculator can assist you in understanding how much you can expect your payments will be for a loan based on the factors you enter, including the percentage rate and term of the loan.

Use the loan calculator above and calculate the loan payments or total costs of your loan.