Loan Calculator

Loan Calculator

Loan Amount:

Currency:🇺🇸 US Dollar (USD)🇪🇺 Euro (EUR)🇬🇧 British Pound (GBP)🇯🇵 Japanese Yen (JPY)

Interest Rate (%):

Loan Term (years):

Payment Frequency:

Monthly12 payments per year

Bi-Weekly26 payments per year

Weekly52 payments per year

Options

Show Amortization ScheduleDisplay payment-by-payment breakdown

Round ResultsRound to 2 decimal places

Calculation Result

Loan Summary:

Formula will appear here after calculation

Amortization Schedule:

Loan Information:

Perform a calculation to see information

Note: This calculator provides estimates for fixed-rate loans. Actual loan terms may vary by lender.

About This Loan Calculator

This calculator computes monthly loan payments, total interest, and provides a complete amortization schedule for fixed-rate loans. It supports multiple currencies and payment frequencies. All calculations are performed client-side without sending your data anywhere.

How to Use This Calculator

Step-by-Step Guide:

1. Step 1: Enter the loan amount
2. Step 2: Select currency
3. Step 3: Enter annual interest rate
4. Step 4: Enter loan term in years
5. Step 5: Select payment frequency
6. Step 6: Click "Calculate" to see results
7. Step 7: View payment schedule and amortization table

Payment Frequencies:

• Monthly: 12 payments per year
• Bi-Weekly: 26 payments per year (every 2 weeks)
• Weekly: 52 payments per year

Example Calculation:

Loan Amount: $250,000 Interest Rate: 3.5% Term: 30 years Payment Frequency: Monthly Monthly Payment: $1,122.61 Total Interest: $154,140.60 Total Cost: $404,140.60