CB
Everyday tool
Loan Payment Calculator
Calculate a simple monthly repayment for personal loans and similar borrowing.
Instant useNo sign up, quick result.
Clear outputMade for fast practical checks.
Related next stepsJump to supporting tools after.
Use the loan payment calculator
Estimate monthly loan payments from loan amount, rate and term.
Result: waiting for input
Enter your values to see the result.
Formula
Monthly payment = P×r / (1 − (1+r)^−n)
Example
A larger rate or shorter term raises the monthly payment.
Frequently asked questions
Is this exact?
It is a standard estimate based on fixed monthly payments.
Does it include fees?
No. Add fees separately or compare with an APR estimate.
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