Loan Calculator

Whether you're considering a personal loan, an auto loan, or any other fixed-rate installment loan, the questions are usually the same: what will the monthly payment actually be, and how much will the loan cost in total once every payment is added up? This calculator answers both from three simple inputs — the loan amount, the annual interest rate, and the term in years.

It assumes a fixed interest rate and equal monthly payments for the full term, the standard structure for most personal and auto loans. Each payment is split between interest and principal, with the interest portion shrinking and the principal portion growing as the loan is paid down — the total interest figure shown here is the sum of every interest portion across the full schedule.

This is an estimate, not a loan offer or financial advice. It doesn't include origination fees, insurance, or other charges a lender may add, and it assumes a fixed rate for the entire term — a variable-rate loan can change your actual payment over time. The rate you're offered depends on factors like credit score and lender policy, so use this number as a starting point for comparing offers, not as a guaranteed figure.