Converters & calculators · online · free
Loan calculator
Enter amount, rate and term: the payment is worked out at once.
What the tool does
Works out the payment of a loan or mortgage: the monthly amount, the total paid and the interest, and shows the schedule month by month.
How to use it
- Choose the kind of payment.
- Enter the amount, the yearly rate and the term.
- See the payment and open the schedule.
Good to know
- An annuity payment is the same every month, a differentiated one shrinks.
- The calculation is simple and ignores fees, insurance and early repayments.
- This is a reference calculation, the bank names the exact terms.
Frequently asked questions
- How do the two kinds differ?
- An annuity payment is equal each month, a differentiated one starts higher and costs less in total interest.
- Is my data sent anywhere?
- No, it is all worked out in your browser.