Loan & Mortgage Calculator

Monthly payment, total interest and a full repayment schedule.

Repayment schedule

Runs in your browser. Nothing you enter is sent or stored.

How to use Loan & Mortgage Calculator

  1. Enter the loan amount, annual interest rate and term in years.
  2. Choose equal monthly payments or equal principal repayments.
  3. See the monthly payment, total interest and the month-by-month schedule.

Frequently asked questions

Which repayment method costs less?

Equal principal repayment pays the loan down faster, so total interest is lower, but the first payments are higher. Equal payments keep every month the same, which is easier to budget.

Does this include fees, insurance or tax?

No. It covers principal and interest only. Lenders may add fees, insurance and taxes to the actual payment.

Is Loan & Mortgage Calculator free?

Yes. Loan & Mortgage Calculator is free to use with no sign-up and no watermark.

Is my information saved or sent anywhere?

No. Everything is calculated in your browser. Nothing you enter is sent to a server or stored.

Does it work on my phone?

Yes. It works in any modern browser on Windows, Mac, Linux, Android and iPhone. Very large files may be slow on older phones.

More Business tools

View all
Profit Margin CalculatorMargin, markup and selling price. VAT & Sales Tax CalculatorAdd or remove VAT / sales tax. Break-Even CalculatorUnits and revenue to break even. Salary ConverterHourly ↔ monthly ↔ yearly pay. Compound Interest CalculatorSavings growth with a yearly table. Percentage CalculatorPercent of, percent change and more.