Loan & Mortgage Calculator
NewCalculate monthly payments, total interest and a full amortization schedule.
How to use the Loan & Mortgage Calculator
- 1Enter the loan amount, interest rate and term.
- 2Add extra payments to see how much sooner you are debt-free.
- 3Review the chart and the payment schedule, or export it as CSV.
Frequently asked questions
How is the monthly payment calculated?
With the standard annuity formula: the payment stays the same each month, while the share going to interest shrinks and the share repaying the loan grows.