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The web's original easy-to-use JavaScript loan calculator
Automatically calculates your monthly loan payments

Loan Details Amount
Loan Amount
Loan Term
Interest Rate (APR %)
Payments Per Year

Loan Payments Amount
Interest Only Payment
Amortizing Payments
Total Interest Paid
Total Repayments
Number of Loan Payments

Usage Instructions

This automatic calculator figures actual monthly loan repayments from a financial institution offering the entered terms. Enter the loan amount, the loan term in years along with the stated interest rate (e.g. 7.25). When any variable is changed the amortizing and interest-only payments will automatically update. Clicking the [Reset] button will clear entered values.

Enter only numeric values (no commas), using decimal points where needed.

This calculator defaults to monthly loan payments. The following table shows the corresponding payments-per-year for various periodicities.

Frequency Yearly Payments
Daily 365
Weekly 52
Biweekly 26
Semimonthly 24
Monthly 12
Bimonthly 6
Quarterly 4
Semi-annually 2
Annually 1


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