Simple Loan Calculator

Disclaimer: Monthly payments and other factors displayed are estimates based on values input by users and are for informational or educational purposes only. They do not represent a finance or other offer.

Loan amount: The amount of the loan along with any upfront fees.
Interest rate: The cost of borrowing money or rate charged by the lender.
Number of years: The term or length of the loan (meaning how long you have to pay it back).
Interest: This display shows the monthly interest. This is the amount you would need to pay down the cost of borrowing.
Principal: This display shows the monthly principal, which is the amount of money you would borrow.

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