Loan Payment Calculator

This loan payment calculator will quickly show you the payment for your mortgage, auto loan, or any other standard loan.

How to calculate a loan payment?

Simply enter the loan term, interest rate, and the amount borrowed, then click the button.

Loan Payment Calculator

Loan payment calculator input definition

Loan Amount
A sum of borrowed money (principal) that is generally repaid over time with interest.

Interest Rate
The charge paid for borrowing money. Enter the contract interest rate here, not the loan's APR.

Loan Term
The term of the loan, expressed in months.

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