Before calculation
Enter values and press Calculate to see the result.
Tool details
3 inputsInstant result
Loan Payment Calculator
Enter principal, rate, and term to check monthly payment and total interest.
Uses a standard amortized repayment formula.
Prepayment fees and grace periods are not included.
Calculation basis
Method
Monthly payment = P × [r(1+r)^n] / [(1+r)^n - 1]
Basis year
Always applicable
Inputs
3 inputs
Uses a standard amortized repayment formula.
Prepayment fees and grace periods are not included.
FAQ
Which repayment method is used?
This version uses the standard amortized monthly repayment formula.
Can the actual bank amount differ?
Yes. Real products may differ due to fees, dates, and lender-specific rules.