Calculate loan payments, interest, and amortization schedules for mortgages, auto loans, and personal loans. Get detailed breakdowns and affordability analysis.
Our free tool delivers fast, accurate results with no signup, no watermarks, and complete privacy — trusted by thousands of users every day.
Instantly calculate your exact monthly payment for any loan amount and rate.
See how much total interest you will pay over the life of the loan.
View a full month-by-month breakdown of principal vs interest payments.
Home loans, car loans, personal loans, student loans.
No account or email required.
Fully responsive across all platforms.
Enter Loan Details — Input your loan amount, annual interest rate, and loan term in years.
Calculate — Click Calculate — results are shown instantly.
Review Schedule — Scroll down to see the full amortisation schedule month by month.
Understanding when and why to use this tool helps you get the best results for your specific use case.
| Loan Type | Typical Term |
|---|---|
| Home Loan / Mortgage | 15–30 years |
| Car Loan | 3–7 years |
| Personal Loan | 1–5 years |
| Student Loan | 10–25 years |
| Business Loan | 1–10 years |
| Credit Card | Revolving |
Monthly payment = P × [r(1+r)^n] / [(1+r)^n – 1], where P is principal, r is monthly interest rate, and n is number of monthly payments. Our calculator handles this instantly.
An amortisation schedule is a table showing each monthly payment broken down into how much goes to principal (reducing your debt) vs interest (cost of borrowing).