Free Loan Calculator

Estimate monthly payments, total interest, and loan costs.

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Loan Details

Loan Amount ($)Annual Interest Rate (%)Loan Term (Years)

Your Loan Results

Monthly Payment: $191.01

Total Interest Paid: $1,460.70

Total Loan Cost: $11,460.70

How to Use This Loan Calculator

Enter the amount you plan to borrow, the annual interest rate, and the number of years you will repay the loan. Your estimated monthly payment and total borrowing costs will update automatically.

This calculator assumes a fixed interest rate and equal monthly payments. It does not include lender fees, insurance, or other charges.