Loan Payment Calculator
Work out the monthly payment and total interest on any fixed-rate loan — car, personal or student. Free, no signup.
No signup100% in your browserFree forever
—
Frequently Asked Questions
- How is the monthly payment calculated?
- It uses the standard amortisation formula, which spreads principal and interest evenly across every payment so the loan clears exactly at the end of the term.
- Why is so much of my early payment interest?
- Interest is charged on the remaining balance, which is highest at the start. As the balance falls, more of each payment goes to principal.