Calculate your monthly payment, total interest, and full amortization schedule for any loan.
| Month | Payment | Principal | Interest | Balance |
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Enter your loan amount, the annual interest rate offered by your lender, and the loan term. Toggle between years and months depending on how your loan is structured. The calculator instantly shows your monthly payment, total amount paid over the life of the loan, and total interest charged.
The amortization schedule shows a month-by-month breakdown of how each payment is split between principal and interest, and how your remaining balance decreases over time.