FreeToolkit

Loan Amortization Calculator (Monthly Payment)

Equal-payment monthly instalment, total interest and total repayment

How to use

Enter the loan amount, the annual interest rate and the term in years to get the fixed monthly payment, the total interest and the interest share of the principal.

FAQ

What about equal-principal loans? This tool computes the equal-payment (annuity) schedule where every month is the same; an equal-principal loan starts higher and decreases each month.

Privacy: every calculation runs inside your browser. Your files and text never leave your device.

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