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Loan Calculator
A loan quote usually shows only the monthly payment, hiding how much interest you will pay over the whole term. Enter the amount, the annual interest rate and the term and this calculator shows the monthly payment, the total interest, the total amount repaid, and how the balance falls year by year — so loans from different lenders can be compared properly.
Use the tool
How to use the Loan Calculator
- Enter the loan amount, annual interest rate and term in years.
- Adjust any optional settings to match your page, business or campaign.
- Click the button to generate your result instantly — nothing is uploaded; the tool runs in your browser.
- Copy the result, or download it as a file where that option appears, and paste it into your site, document or campaign.
Frequently asked questions
How is the monthly payment worked out?
With the standard amortisation formula for a fixed-rate loan: the payment that, repeated every month, repays the principal plus interest exactly over the term.
Does it include fees or insurance?
No. It covers principal and interest only. Lender fees, insurance and taxes are extra and should be compared separately.
What if the rate changes?
This calculator assumes a fixed rate for the whole term. For a variable-rate loan, re-run it with each expected rate to see the range of payments.