Loan Calculator
What does that loan really cost? Enter amount, rate and term for the monthly payment and the total interest you will pay.
$483.32
Monthly payment
$28,999.20
Total repaid
$3,999.20
Total interest
How to use
- Enter the loan amount.
- Add the annual interest rate and term.
- Read the monthly payment and total cost.
Examples
25,000 at 6% over 5 years
Output: About 483 per month, roughly 4,000 in interest.
Frequently asked questions
Does it include fees?
No - this is pure amortization. Lender fees and insurance are extra.
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