Loan Calculator
Estimate monthly loan payments. intro
How to use Loan Calculator
- Enter the requested quantities and rates.
- Check each assumption and unit.
- Calculate and review the result.
Example use
A $10,000 fully amortizing loan over 24 months at a 5% annual rate has a payment of about $438.71 per month, excluding extra fees.
Why use this tool?
Use this free browser utility when you need a focused result without installing desktop software or creating an account. The workspace is designed for a single task, with the input, controls and output kept together.
Privacy, compatibility and limitations
Results are estimates or mathematical calculations; confirm inputs and assumptions before making decisions.
Questions about Loan Calculator
Why does my lender quote a different payment?
APR, compounding, origination fees, insurance, payment timing and loan terms may differ.
Does this estimate include fees?
A simple payment estimate may exclude origination fees, late penalties and other charges; verify the loan agreement.