Simple Loan Payment Calculator

How much will my loan payments be?

This is a very simple loan payment calculator. Enter the loan amount, interest rate, and length of the loan into this calculator and it will show you the monthly payment amount.

Field Help

Input Fields

Title: A title for these calculator results that will help you identify it if you have printed out several versions of the calculator.

Loan Amount: The amount you plan to borrow.

Interest Rate: The annual percentage rate you will pay for this loan.

Length of Loan: How long you will pay on this loan. Also choose whether ‘Length of Loan’ is years or months.

Output Fields

Monthly Payment: Principal + Interest + Additional Principal (where applicable) to be paid each month.

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