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Loan payment calculator

Estimate fixed monthly payments on an amortizing loan.

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How to use this tool

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    Helpful to know

    Estimate for fixed-rate monthly repayments only. Excludes fees, insurance and lender-specific rounding; not a loan offer.

    About this tool

    Estimate fixed monthly payments on an amortizing loan.

    Estimate for fixed-rate monthly repayments only. Excludes fees, insurance and lender-specific rounding; not a loan offer.

    Worked example

    Loan amount
    1200
    Annual interest (%)
    0
    Number of months
    12

    Result for this example

    Monthly payment: 100
    Total paid: 1,200
    Total interest: 0

    Use Try an example to load these values. Enter your own values for your own result.

    Found a reproducible issue? Report it with a small non-sensitive example. Read our editorial and testing approach.

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