Loan calculator
Estimate a loan or mortgage payment in your browser. See total interest, the payoff date and a full amortization schedule. Results are estimates, not a lender quote.
- 1 Enter numbers
- 2 Review schedule
- 3 Download
Inputs save automatically on this device.
| # | Date | P&I | Principal | Interest | Escrow | Balance |
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- ✓ Free
- ✓ No account
- ✓ Runs on your device
Enter the amount, rate and term to see a fixed monthly principal-and-interest payment, total interest and a month-by-month schedule. Mortgage mode adds down payment and optional escrow lines. Download the schedule as a PDF or CSV, or make an invoice for a related bill with the invoice generator.
Good to know before you begin
Results are estimates rounded to the nearest cent. They are not a loan offer, APR disclosure or financial advice. Extra principal payments are applied after that month’s interest. Tax, insurance and PMI are shown as simple monthly estimates and may not match escrow analysis from a lender.
How to estimate a loan payment
- Choose Loan or Mortgage and enter the amount, rate, term and start date.
- Add optional extra payments, or property tax, insurance and PMI for a mortgage.
- Review the payment, interest and schedule, then download a PDF or CSV.
Frequently asked questions
Are these figures a loan offer?
No. The calculator gives estimates from the numbers you enter. It is not a lender quote, credit decision or financial advice. Fees, compounding methods and rounding at a real lender can differ.
How is the monthly payment calculated?
It uses standard amortization: a fixed monthly principal-and-interest payment based on the principal, annual rate and number of months. At 0% interest the payment is principal divided by the number of months. Amounts are rounded to the nearest cent.
What do extra payments change?
An extra amount is applied to principal after that month’s interest. That can shorten the term and reduce total interest. The interest-saved figure compares the same loan with and without your extra payment.
Is my data uploaded?
No. The math, PDF and CSV are created in your browser on this device. Optional inputs can be saved in this browser’s local storage only.
Having trouble? Read the FAQ or visit help and contact.