Loan Payment Calculator
Calculate your monthly payment, total interest, and full amortization schedule for any loan.
Amortization Schedule
| Month | Payment | Principal | Interest | Balance |
|---|
For educational purposes only — not financial advice.
How to use
- Enter the total amount you plan to borrow in the Loan Amount field.
- Input your annual interest rate (APR) as a percentage.
- Set the loan term in years or switch to months for shorter loans.
- Click Calculate to see your monthly payment and full amortization schedule.
- Toggle "Show All Months" to view every payment period.
- Use "Copy Summary" to copy the results to your clipboard.
About this Loan Calculator
Loan payments are front-loaded with interest — in early months of an amortizing loan, more of each payment goes to interest than principal, which is why total interest paid often surprises people who only looked at the monthly payment. This tool shows the full amortization schedule so you can see how the split shifts over the loan's life.