Loan Calculator
Calculate the monthly payment, total interest and repayment schedule for equal-payment, equal-principal and bullet loans.
Loan Calculator
Calculate the monthly payment, total interest and repayment schedule for equal-payment, equal-principal and bullet loans.
About this tool
Privacy
What you enter is calculated on this device and never sent to a server.
How to use
- Enter numbers or paste text in the box above, and pick any options you need.
- The result appears right away. Generators (UUID, password) make a new one each time you press the button.
- Copy the result and paste it wherever you need it.
Frequently asked questions
What is the difference between the repayment methods?
With equal installments you pay the same amount every month. With equal principal you repay the same principal each month, so payments start higher and fall, and total interest is lower. A bullet loan pays interest only and the principal at the end. A month-by-month schedule is shown.
Is the Loan Calculator free?
Yes. It is free with no sign-up, no install and no usage limit. It runs right in your browser.
Is what I enter sent to a server?
No. Everything is calculated on your device, and nothing you type is sent or stored. Only the currency converter downloads the latest exchange rates.
Does it work on a phone?
Yes. It works in any modern browser on phones, tablets and computers, so there is no app to install.