🏦 Loan Calculator
Calculate monthly loan payments, total interest, and amortization schedules. Perfect for mortgages, auto loans, and personal loans.
Loan Details
Enter your loan information to calculate payments
Common Loan Scenarios
Loan Tips
Save Money Tips
• Make extra principal payments to reduce total interest
• Consider bi-weekly payments instead of monthly
• Shop around for the best interest rates
• Improve your credit score before applying
Important Notes
• Results are estimates for comparison purposes
• Actual rates may vary based on credit and lender
• Consider additional costs like insurance and taxes
• Consult with financial advisors for major decisions
How to Use
1. Enter the loan amount (principal)
2. Input the annual interest rate
3. Set the loan term in years
4. View your monthly payment and total costs
Features
✓ Calculate monthly loan payments
✓ Total interest and total payment amounts
✓ Detailed amortization schedule
✓ Support for different loan types