Loan payment calculator
Estimate your monthly payment and total interest.
Estimate only; fees, taxes and variable rates are not included.
Comparing monthly loan payments
Enter the loan amount, annual interest rate and term. Keep the amount and term unchanged, then change the interest rate to compare monthly payments and total interest.
Calculation assumptions
The estimate assumes a fixed rate and equal monthly payments. Monthly interest is the annual rate divided by 12. At 0% interest, the payment is the principal divided by the number of months. Fees, taxes and rate changes are excluded.