Calculate monthly payments, total interest, and amortization schedule for personal loans, auto loans, student loans, and more.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| Enter loan details to see amortization schedule | |||||
A higher credit score can qualify you for lower interest rates, saving you thousands over the life of your loan.
Even one extra payment per year can significantly reduce your loan term and total interest paid.
Shorter loan terms have lower interest rates and save more on interest, though monthly payments are higher.
Compare offers from multiple lenders. Even a 0.25% difference in rate can save you significantly.
Understand all fees, penalties, and terms before signing any loan agreement.
If interest rates drop significantly, refinancing can lower your monthly payment and total interest.
Calculate payments for personal loans, auto loans, student loans, home improvement loans, and more.
View year-by-year or month-by-month breakdown of how your payments are applied to principal and interest.
See pie charts and graphs showing interest vs principal and total cost breakdown over the loan term.
Compare different loan terms and interest rates to find the best option for your financial situation.
Include extra payments, loan fees, and start dates for more accurate calculations.
All calculations are done locally in your browser. Your financial data never leaves your computer.