Loan calculator

Monthly payment, total cost and interest for any loan or mortgage.

How it works

Uses the standard amortisation formula: payment = P × r ÷ (1 − (1 + r)^−n), where P is the amount, r the monthly rate and n the number of months. Fees and insurance are not included.

Frequently asked questions

Is this tool free?

Yes. It’s free to use, with no account and nothing to install.

Is my data private?

Yes. This tool works entirely on your device: nothing you enter or open is sent to a server.

Does it work on a phone?

Yes. It works in the browser of any recent phone, tablet or computer.