Loan Calculator

Professional Loan Calculator | Free Online Loan Payment Calculator

Professional Loan Calculator

Calculate loan payments, total interest, and amortization schedule for any type of loan

Loan Details

5 years

Loan Summary

Monthly Payment

$478.88

Principal & Interest

Total Payment

$28,733

Over loan term

Total Interest

$3,733

Over loan term

Payoff Date

Jul 2028

Estimated date

Payment Breakdown

$25,000
Principal
$3,733
Interest

Amortization Schedule

5 years, 60 payments
Payment # Date Payment Principal Interest Balance
1 Aug 2023 $478.88 $364.55 $114.33 $24,635.45
2 Sep 2023 $478.88 $366.22 $112.66 $24,269.23
3 Oct 2023 $478.88 $367.90 $110.98 $23,901.33
... ... ... ... ... ...
60 Jul 2028 $478.88 $476.50 $2.38 $0.00

Instant Calculations

Get accurate loan calculations in real-time with our advanced algorithm

Visual Breakdown

See a clear visualization of principal vs. interest payments

Amortization Schedule

Detailed payment-by-payment breakdown of your loan

Mobile Friendly

Works perfectly on all devices - desktop, tablet, and mobile