Loan planning
Loan payment calculator with amortization and total interest
A loan offer can look simple until fees, interest and repayment schedule change the real cost. This page helps you check the numbers before you commit.
Open loan calculatorMonthly payment is only the first number
A lower monthly payment can come from a longer term, which often increases total interest. The full repayment cost matters more than the headline rate.
Why amortization helps
An amortization view shows how each payment is split between principal and interest. It helps you understand when the loan becomes cheaper to close early.
What to compare before signing
Compare monthly payment, total interest, repayment term and cash-flow safety. A loan that is slightly cheaper can still be risky if the payment leaves no buffer.
FAQ
What is amortization?
Amortization is the repayment schedule that shows how much of each payment goes to interest and how much reduces the principal.
Can this calculator replace a lender quote?
No. It gives a fast estimate. A lender quote may include fees, insurance or other contract terms.