Loan Calculator
Calculate mortgage and loan payments
What is Loan Calculator?
Loan calculator helps you calculate monthly payments, total payment, and total interest for mortgages, car loans, and other loans. Supports equal installment and equal principal repayment methods.
How to Use
- 1
Enter Loan Info
Enter loan amount, annual interest rate, and loan term.
- 2
Calculate
Click calculate button to get repayment details.
- 3
View Result
View monthly payment, total payment, and total interest.
Frequently Asked Questions
What is the difference between equal installment and equal principal?
Equal installment has fixed monthly payment, equal principal has decreasing monthly payment but less total interest.