Loan Calculator
Our free Loan Calculator helps you estimate monthly payments, total interest, interest rates, compounding frequencies, and total repayment costs for various loan structures. Whether you are comparing personal loans, auto loans, student loans, or business financing, this tool provides instant calculations and visual breakdowns of your loan terms.
Most loans can be categorized into one of three primary structures:
- Amortized Loan: Fixed periodic payments (monthly, weekly, bi-weekly) paid until maturity.
- Deferred Payment Loan: A single lump sum payment of principal and interest due at maturity.
- Bond: A predetermined face value paid back at loan maturity (the par value of a bond).
Modify the values and click the Calculate button to use
Amortized Loan: Paying Back a Fixed Amount Periodically
Use this calculator for basic calculations of common loan types such as mortgages, auto loans, student loans, or personal loans, or click the links for more detail on each.
Results
| Payment Every Month | $1,110.21 |
| Total of 120 Payments | $133,224.60 |
| Total Interest | $33,224.60 |
Principal
Interest
Deferred Payment Loan: Paying Back a Lump Sum Due at Maturity
Results
| Amount Due at Loan Maturity | $179,084.77 |
| Total Interest | $79,084.77 |
Principal
Interest
Bond: Paying Back a Predetermined Amount Due at Loan Maturity
Use this calculator to compute the initial value of a bond/loan based on a predetermined face value to be paid back at bond/loan maturity.
Results
| Amount Received When The Loan Starts | $55,839.48 |
| Total Interest | $44,160.52 |
Principal
Interest