Loan Calculator

Calculate monthly loan payments.

Result
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How it works

  1. 1Enter the loan principal (amount borrowed).
  2. 2Enter the annual interest rate (%).
  3. 3Enter the loan term in years.
  4. 4The tool calculates the monthly payment using the PMT formula. Total interest and total payment are also shown.

Example

Input: $200,000 principal, 5% rate, 30 years
Output: ~$1,074 monthly payment