Loan Calculator

Calculate your monthly loan payments and total interest for personal or business loans.

Input Details

Your Results

Loan Payment Breakdown
$0.00/mo
Principal
$10,000.00
Total Payment$0.00
Payoff DateFebruary 2029

Calculate monthly payments and total interest for any fixed-term loan (personal, business, etc.).

Why This Tool Exists

Borrowed money comes with a price tag. Whether it's for a wedding, a renovation, or debt consolidation, knowing the total cost of borrowing is essential to financial health.
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I needed to compare three different personal loan offers. This tool allowed me to see exactly how much interest I'd pay over the life of each loan.

Key Capabilities

Core features that make this tool powerful.

Amortization Schedule

Total Interest

Payoff Date

How It Works

Understanding the processing logic.

Generic installment loan calculator. - **Inputs:** Amount, rate, term. - **Outputs:** Monthly payment, total interest.

Accuracy & Reliability

Standard financial amortization math.

Who Is This For?

Borrowers

Comparing loan offers.

Students

Planning loan repayment.

Common Mysteries & Fixes

Variable Rates

This assumes a fixed interest rate for the entire term.

Origination Fees

Some loans deduct fees upfront, meaning you receive less cash.

Real-World Scenarios

Comparison

Choose the cheapest loan.

Planning

Fit payments into monthly budget.

Why Choose PrivaQuickTools

FeaturePrivaQuickToolsOthers
AdsNoneMany
Data PrivateSold as Leads

Privacy & Security Guaranteed

We do not store, view, or upload your files. All processing happens in your browser's memory. When you close the tab, all data is wiped from memory.

Good to Know

Large files depends on your device RAM. Processing massive video/PDFs may be slower on mobile devices.

Benefits

  • ClaritySee the true cost of debt.
  • PrivacyNo lead generation forms.

When Not To Use

While we aim for perfection, browser-based tools have limits. This tool might not be the best fit for:

  • Extremely large files (e.g., video over 2GB)
  • Batch processing thousands of files at once
  • Workflows requiring server-side collaboration or cloud storage

Frequently Asked Questions

Common questions about this tool.

Yes, but our Mortgage Calculator is better as it includes taxes/insurance.
This is a simple payment calculator. Use the Amortization tool for extra payment planning.