Loan Calculator — Payment & Amortization Schedule

How to Use the Loan Calculator

1. 1

   Enter the loan amount

   Input the total amount you want to borrow.

2. 2

   Enter the annual interest rate

   Type the rate your lender quotes, e.g. 7.5% per annum.

3. 3

   Set the loan tenure

   Choose the repayment period in months or years using the unit dropdown.

4. 4

   Click Calculate Loan

   The calculator shows your monthly payment, total payment, and total interest immediately.

5. 5

   Optionally view the full amortization schedule

   Click 'Show Amortization Schedule' to see a month-by-month breakdown of principal, interest, and outstanding balance.