Free Loan Calculator

The Free Loan Calculator is a handy online tool that helps you quickly estimate your monthly loan payments based on the loan amount, interest rate, and repayment period. Whether you’re planning to take out a personal loan, auto loan, or mortgage, this calculator gives you a clear breakdown of how much you’ll need to pay each month and the total cost over time. It’s fast, easy to use, and requires no downloads or signups.

Free Loan Calculator

Free Loan Calculator

Calculate loan payments and amortization schedule

Calculating loan details…

Loan Summary

Monthly Payment
Total Payment
Total Interest
Loan Term

Amortization Schedule

Month Payment Principal Interest Balance
Calculation completed successfully!

How to use Free Loan Calculator?

  1. Enter Loan Amount, Interest Rate, and Loan Term – Start by filling in the loan details using the form displayed at the top of the page.
  2. Click the “Calculate” button.
  3. Instantly view your monthly payment, total interest, and total repayment amount.
  4. Adjust the values anytime to compare different loan scenarios.

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