Estimate your monthly payment, total interest, and total repayment amount.

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How this loan calculator works

This loan calculator estimates your monthly payment based on the loan amount, annual interest rate, and repayment term. It uses a standard amortization formula to show how much you may pay each month, how much interest you may pay over the life of the loan, and the total repayment amount.

A larger loan amount, a higher interest rate, or a longer repayment term usually increases the total amount repaid. A shorter loan term often means a higher monthly payment, but less interest over time.

This calculator is useful for estimating personal loans, auto loans, and other fixed-rate installment loans before you borrow.

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