Money calculator
Loan Payment Calculator
Monthly payment, total repaid and total interest for any fixed-rate loan.
Formula
Payment = P × r ÷ (1 − (1 + r)^−n), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12) and n the number of monthly payments. Lenders may add fees not included here.
Educational estimate only — not financial advice.
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