Loan calculator
What you would pay each month, how much of it is interest, and how your debt falls over time.
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You would pay each month—Enter how much you borrow and for how long
What you borrowed—
What you pay in interest—
You will have paid in total—
FreeExact paymentYear by yearNo sign-upAny device
The maths uses the fixed-payment method that almost every bank uses: you pay the same each month, but at the start nearly all of it goes to interest and only later do you really start clearing the debt. It does not include insurance, arrangement fees or other charges, which every bank bills separately.
Frequently asked questions
What do I need to enter?
Just three things: the amount, the yearly interest rate and the term. The monthly payment appears instantly.
How much of my payment is interest?
The calculator splits it for you: you see what part of each payment feeds interest and what part actually reduces your debt.
Can I see how the debt goes down over the years?
Yes — a year-by-year table shows the remaining balance, so you know exactly where you stand at any point.
Is my data sent anywhere?
No. Everything is computed in your browser; nothing is stored or sent.
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A free tool by Vertize Plus.
We build websites and automation for businesses.