Loan Payment Calculator
Get the monthly payment and total interest on any fixed-rate loan.
Calculate the monthly payment, total interest and payoff date for a personal loan, auto loan or any fixed-rate installment loan.
Why the term matters
A longer term lowers your monthly payment but usually costs more in total interest. A shorter term does the opposite. Compare a few terms to find a payment that fits your budget without paying more than necessary.
Before you borrow
- Check your credit, since a better score usually means a lower rate.
- Compare the APR, which includes fees, not only the interest rate.
- Ask about prepayment penalties if you plan to pay early.
This calculator provides estimates for educational purposes only and is not financial advice.