What will your loan really cost?
Works for car, personal, and student loans. See your monthly payment, total interest, and the full cost before you sign.
Loan details
Your loan
Paying off debt? 🌿
Use our Debt Payoff Calculator to knock out multiple loans faster.
Understanding your loan payment
A fixed-rate loan is repaid in equal monthly payments. Early on, more of each payment goes to interest; over time, more goes to principal. This calculator uses the standard amortization formula so you can see exactly what you'll pay each month and in total — and how much a little extra each month can save you.
Does a shorter term save money?
Usually yes. A shorter term means higher monthly payments but far less total interest. Try changing the term to compare.
What counts as a good interest rate?
It depends on the loan type and your credit. Always compare offers — even a 1% lower rate can save hundreds or thousands over the life of the loan.