Loan Calculator

Calculate monthly loan payments with interest. See amortization schedule and total cost.

Loan Calculator

Calculate monthly payments, total interest, and amortization schedule

Loan Details

Calculation Results

Monthly Payment
$856.07
Total Payment
$10272.90
Total Interest
$272.90
Loan Amount:$10000.00
Interest Rate:5% APR
Loan Term:12 months

Amortization Schedule (First Year)

MonthPaymentPrincipalInterestBalance
1$856.07$814.41$41.67$9185.59
2$856.07$817.80$38.27$8367.79
3$856.07$821.21$34.87$7546.58
4$856.07$824.63$31.44$6721.95
5$856.07$828.07$28.01$5893.88
6$856.07$831.52$24.56$5062.37
7$856.07$834.98$21.09$4227.39
8$856.07$838.46$17.61$3388.92
9$856.07$841.95$14.12$2546.97
10$856.07$845.46$10.61$1701.51
11$856.07$848.99$7.09$852.52
12$856.07$852.52$3.55$0.00

About Loan Calculator

Calculate monthly loan payments with interest. See amortization schedule and total cost. Financial calculators and tools for loans, mortgages, investments, and currency conversion. Make informed financial decisions. This loan calculator is completely free to use, works entirely in your browser, and requires no installation or sign-up. Perfect for developers, content creators, designers, and anyone who needs quick access to professional-grade tools. Simply enter your data, and get instant results. Your data never leaves your browser, ensuring complete privacy and security.

How to Use Loan Calculator

  1. 1Open the Loan Calculator tool on this page
  2. 2Enter or paste your content into the input field
  3. 3Adjust any available options or settings to customize the output
  4. 4Click the process/convert/generate button to see results
  5. 5Copy the output or download the result for use in your projects

Common Use Cases

  • Homebuyers calculating mortgage payments
  • Investors analyzing returns
  • Business owners planning budgets
  • Consumers making purchasing decisions

Frequently Asked Questions

Is the Loan Calculator free to use?

Yes! Our Loan Calculator is completely free with no hidden costs, subscriptions, or limitations. You can use it as many times as you need.

Do I need to create an account or sign up?

No account required! Simply visit the page and start using the Loan Calculator immediately. No registration, no emails, no hassle.

Is my data safe and private?

Absolutely. All processing happens directly in your browser. Your data never leaves your device, and we don't store or track any of your content.

Can I use this Loan Calculator on mobile devices?

Yes! Our Loan Calculator is fully responsive and works perfectly on smartphones, tablets, and desktop computers. Use it anywhere, anytime.

Are there any file size limits?

While most tools have no strict limits, very large files may take longer to process depending on your device's capabilities. For best performance, we recommend keeping files under 10MB.