Loan Payment Calculator
For a car, personal or student loan with a fixed rate, the payment is set by three numbers: amount, rate and term.
Results
How it works
Payment = P x r / (1 - (1 + r)^-n), where r is APR / 12 and n is months.
FAQ
Does this include fees or insurance?
No. Add origination fees to the amount if they are financed.
Is this for mortgages?
It gives principal and interest only. Taxes, insurance and PMI are extra.
What if the rate is 0%?
The payment is the amount divided by the months.
Related calculators
Estimates, not tax or financial advice. Check important numbers with a qualified professional.