Calculate loan payments, interest, and amortization schedule
Calculate your loan payments with multi-currency support
How often you'll make payments
Per month
Interest over loan term
Principal + Interest
Interest as % of principal
Enter loan details to calculate payments
Understanding your loan payment options
Consistent payment amount
40+ currencies supported
Yearly or detailed view
Monthly, bi-weekly, weekly
💡 Pro Tip: Payment = [P × r × (1+r)^n] / [(1+r)^n-1] where P = Principal, r = Period Interest Rate, n = Number of Periods
Step-by-step guide to get started
Quick Tip: Follow these steps in order for the best experience
Understanding the loan calculation formula
Calculates monthly payments using standard loan formulas and generates a complete amortization schedule showing principal and interest breakdown for each payment.
Based on proven research
Simple steps for everyone
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Find answers to common questions about loan calculations
An amortization schedule is a table showing each loan payment, breaking down how much goes toward principal vs. interest over the loan term.
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