Loan Calculator
Calculate monthly payments, total interest, and amortization schedules
Payment Calculator
Calculate monthly payments
Amortization Schedule
View payment breakdown
Affordability Calculator
What can you afford?
Loan Details
Loan Calculation Results
$0.00
Monthly Payment
$0.00
Total Interest
$0.00
Total Payment
Loan Summary
Loan Amount: $0.00
Interest Rate: 0%
Loan Term: 0 years
Number of Payments: 0
Payoff Date: -
Interest Savings: $0.00
Affordability Results
Based on Your Income
$0.00
Maximum Loan Amount
Monthly Income: $0.00
Monthly Debts: $0.00
Available for Housing: $0.00
Debt-to-Income Ratio: 0%
Loan Details
$0.00
Monthly Payment
Interest Rate: 0%
Loan Term: 0 years
Total Interest: $0.00
Total Payment: $0.00
Amortization Schedule
| Payment # | Date | Payment | Principal | Interest | Total Interest | Balance |
|---|
Page 1 of 1
Payment Breakdown
Principal: $0.00
Interest: $0.00
Total Loan Amount: $0.00
Total Interest Paid: $0.00
Loan Comparison
With Extra Payments
Payoff Date: -
Total Interest: $0.00
Time Saved: 0 years 0 months
Interest Saved: $0.00
Without Extra Payments
Payoff Date: -
Total Interest: $0.00
Loan Term: 0 years
Payment Calculation
Calculate monthly payments for any loan type
Amortization Schedule
View detailed payment-by-payment breakdown
Affordability Calculator
Determine what you can afford based on income
Visualization
See payment breakdown with interactive charts
How to Use the Loan Calculator
- Select the type of calculation you need (payment calculator or affordability calculator)
- Enter the required values in the input fields
- Click the calculate button to see your results
- View the amortization schedule to see payment-by-payment details
- Use the comparison feature to see how extra payments save you money
Loan Formulas
- Monthly Payment: P = [r*PV] / [1 - (1 + r)^-n]
- Where: P = Payment, PV = Present Value (loan amount), r = interest rate per period, n = total number of payments
- Total Interest: Total of all interest payments over the life of the loan
- Total Payment: Loan amount + total interest