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Monthly payment, total interest and a month-by-month amortization schedule for any loan - mortgage, car or personal. Downloads as CSV. Calculated in your browser. No sign-up, free.
Details
Results
Monthly payment1,688.02
- Total paid
- 506,405.37
- Total interest
- 256,405.37
- Payments
- 300
Amortization schedule (first 12)
| # | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | 1,688.02 | 1,354.17 | 333.85 | 249,666.15 |
| 2 | 1,688.02 | 1,352.36 | 335.66 | 249,330.49 |
| 3 | 1,688.02 | 1,350.54 | 337.48 | 248,993.01 |
| 4 | 1,688.02 | 1,348.71 | 339.31 | 248,653.71 |
| 5 | 1,688.02 | 1,346.87 | 341.14 | 248,312.56 |
| 6 | 1,688.02 | 1,345.03 | 342.99 | 247,969.57 |
| 7 | 1,688.02 | 1,343.17 | 344.85 | 247,624.72 |
| 8 | 1,688.02 | 1,341.3 | 346.72 | 247,278 |
| 9 | 1,688.02 | 1,339.42 | 348.6 | 246,929.41 |
| 10 | 1,688.02 | 1,337.53 | 350.48 | 246,578.92 |
| 11 | 1,688.02 | 1,335.64 | 352.38 | 246,226.54 |
| 12 | 1,688.02 | 1,333.73 | 354.29 | 245,872.25 |
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How to calculate a loan payment
Enter the loan basics
Amount borrowed, yearly interest rate, and the term in years.
Read the key numbers
The fixed monthly payment, what you will pay in total, and how much of it is interest.
Inspect the schedule
The amortization table shows how each payment splits between interest and principal; download the full schedule as CSV for your spreadsheet.
Loan questions, answered
Is my data sent to a server?
No. Loan amounts and rates are computed entirely on your device. Your financial situation is not shared with us or anyone else.
How is the monthly payment calculated?
With the standard annuity formula banks use: equal monthly payments where the interest share shrinks and the principal share grows over time. Rounding matches to the cent.
Why is so much of the early payments interest?
Interest accrues on the outstanding balance, which is largest at the start. That is also why extra early repayments save the most.
Does this include taxes, insurance or fees?
No - it computes the pure loan annuity. Escrow items vary by lender and country; add them on top of the payment shown.