💳 Loan Calculator
Loan Calculator for Monthly Payments and Total Cost
Use this calculator for personal loans, small business loans, consolidation loans, or any fixed-rate installment loan.
The goal is simple: see how the payment changes with rate, amount, and term so you can compare offers without doing the math by hand.
If you are deciding between several lenders, check the payment and total paid side by side before you commit.
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Frequently asked questions
What kind of loan does this work for?
Any amortized fixed-rate loan where the payment stays the same each month.
Can I use it for debt consolidation?
Yes. Enter the payoff amount and compare it with your current monthly debt payments.
Why does the total paid matter?
The total paid shows how much interest you will give the lender over the life of the loan.