Loan Payment Calculator
Calculate monthly loan payments and total interest
Fast, accurate calculations with clear results. Built for speed and ease of use.
Formula
M = P[r(1+r)^n]/[(1+r)^n-1]M = monthly payment, P = principal, r = monthly rate, n = number of payments
How to Use Loan Payment Calculator
- Provide your input values.
- Understand the calculation method shown.
- Get immediate and accurate results.
- Use the output for planning or analysis.
Examples
Example 1
Input
amount: 200000
rate: 4.5
years: 30
Output
monthly: 1013.37
total: 364808.4
interest: 164808.4
Frequently Asked Questions
How do I use this calculator?
Enter your values in the input fields, and the result will calculate automatically. All calculations are instant and accurate.
Are these calculations accurate?
Yes. We use standard mathematical formulas and tested algorithms to ensure precision in all results.
Can I use this on mobile?
Absolutely. The calculator is fully responsive and works perfectly on all devices including phones and tablets.
Do I need to install anything?
No. This is a web-based calculator that works directly in your browser without any downloads or installations.
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