E-commerce & Finance

Loan Payment Calculator

Estimate a fixed monthly loan payment from principal, monthly interest rate and term.

✓ Free to use⚡ Instant result📱 Mobile friendly
🔒 Your inputs are used only for the selected operation. Many tools run directly in your browser.

How to use

Fill in the required fields and run the calculation. Check values, units and percentages before using the result.

Loan Payment Calculator about

Estimate a fixed monthly loan payment from principal, monthly interest rate and term.

Formula and method

For a fixed-rate annuity: payment = principal × r × (1+r)^n / ((1+r)^n − 1), where r is the monthly rate and n is the number of months.

Example

Use realistic values and change one input at a time when comparing scenarios.

Important notes

The result is based only on the values you enter. For tax, credit, health or official decisions, also verify current primary sources.

Report a problem with this tool

Your report goes directly to the admin issue inbox. Do not include personal information.

Can’t find the tool you need?

Describe what you need in a few sentences. We use requests as input for future tool planning.

Do not include passwords, ID numbers, payment card details or other sensitive personal data.