FREE ONLINE CALCULATOR

Loan Repayment Calculator

Compare equal payments, equal principal, and interest-only bullet loans.

Loan details

Instant calculation

Principal (USD) Annual interest rate (%) Loan term (years)1–50 years Repayment method

First monthly payment

Total interest

Total repayment

Compare repayment methods

Method	First month	Final month	Interest	Total

Monthly repayment schedule

Month	Payment	Principal	Interest	Balance

Calculation notes

Assumes monthly payments and a monthly rate of annual APR / 12.

For interest-only loans, interest is paid monthly and principal is paid at maturity.

Estimates only. Excludes fees, prepayments, variable rates, daily interest accrual and lender-specific rounding. Displayed amounts are rounded to whole currency units.