FreeUtil

Loan Calculator

Calculate monthly payments, total interest, and amortization for any loan.

Monthly Payment

$1,264.14

Total Interest

$255,088.98

Total Payment

$455,088.98

Principal Interest

About This Calculator

This calculator uses the standard amortization formula to compute fixed monthly payments. It works for mortgages, auto loans, personal loans, or any fixed-rate installment loan. The amortization schedule shows how each payment splits between principal and interest over time.