Loan payment calculator
The monthly payment, and the interest, on a car, personal, or other fixed-rate loan.
What you finance, not the sticker price.
The yearly rate in the loan offer.
How long you have to pay it off.
Monthly payment
$474.10
$4,446.00 of the $28,446.00 you pay is interest.
- Term
- 60 months
- Interest
- $4,446.00
- Total you pay
- $28,446.00
You know the payment. Do you know the tight months?
See how this payment lands against paydays, all year long.
Start free 14-day trialHow this number is calculated
The payment is the standard fixed-rate formula. One-twelfth of the APR is charged each month, and the payment stays the same until the term ends. It is rounded to the cent. The total is that payment multiplied by the number of months.
A 0% rate splits the amount evenly across the months. Extra payments, fees, and a rate that changes are not included. For a balance you are already paying down, use the debt payoff calculator.
Common questions
Does this include fees or a down payment?
No. Enter the amount you actually borrow, after any down payment. Origination fees, taxes, and add-ons are not part of the payment unless you roll them into the amount borrowed.
What if I pay extra each month?
This page assumes you pay the scheduled amount for the full term. Extra payments shorten the loan and cut the interest. The debt payoff calculator shows that for a balance and a payment you choose.
Can I use this for a mortgage?
Yes, for principal and interest on a fixed-rate mortgage. It does not add property tax or insurance. The home affordability calculator folds those into a price you can shop.
Other calculators
This is an estimate for planning, not financial, tax, or lending advice. Nothing you type is saved. Ampluent forecasts the cash in a household day by day from paychecks, bills, and cards. See Ampluent