Loan Calculator

Calculate loan payments, interest, and amortization schedules. Perfect for mortgages, auto loans, personal loans, and business financing.

Loan Calculator

Enter loan details to calculate payments and interest

Common Loan Types:

Mortgage: $300,000 at 3.5% for 30 years = $1,347/month
Auto Loan: $25,000 at 4.5% for 5 years = $466/month
Personal Loan: $10,000 at 8% for 3 years = $313/month

Loan Summary

Detailed loan payment breakdown

Enter loan details above to see calculation results

Mortgage Loans

Fixed Rate: Stable payments

ARM: Adjustable rate

FHA: Low down payment

VA: Veterans benefits

Personal Loans

Unsecured: No collateral

Secured: With collateral

Debt Consolidation: Combine debts

Home Improvement: Renovation loans

Auto Loans

New Car: Lower rates

Used Car: Higher rates

Lease: Monthly payments

Refinance: Better terms

Loan Calculation Tips

Important factors to consider when calculating loans

Key Factors:

Interest Rate: Lower rates = lower payments
Loan Term: Shorter terms = higher payments, less interest
Extra Payments: Significantly reduce total interest

Savings Strategies:

Bi-weekly Payments: 26 payments = 13 months
Round Up: Round payments to nearest $10
Annual Bonus: Apply bonuses to principal