Loan Calculator
Calculate loan repayments, total interest and generate a complete amortisation schedule for personal, car, mortgage and business loans in multiple currencies.
Loan Summary
Principal
Frequency
Amortisation Schedule
| # | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
How to Calculate Loan Repayments
Enter your loan information to calculate repayments, total interest and view a complete repayment schedule.
How to use this tool
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1Select your preferred currency.
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2Enter the total loan amount.
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3Enter the annual interest rate.
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4Enter the loan term.
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5Choose whether the term is in years or months.
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6Select your repayment frequency.
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7Review your repayment summary and amortisation schedule.
Helpful Tips
- Supports GBP, USD, EUR, GHS, INR and JPY.
- Choose monthly, fortnightly or weekly repayments.
- View exactly how much of every payment reduces the principal.
- See the remaining balance after every payment.
Examples
Things to Know
- • Results are estimates only.
- • Actual repayments may differ depending on lender fees, charges and rounding methods.
- • Always confirm repayment figures with your lender before making financial decisions.
Frequently Asked Questions
Does this calculator work for mortgages?
Yes. Standard repayment mortgages use the same amortisation formula.
Can I calculate weekly repayments?
Yes. Weekly, fortnightly and monthly repayment schedules are supported.
Does this calculator support multiple currencies?
Yes. Calculations can be displayed in all supported currencies.
Does this include lender fees?
No. Only principal and interest are included in the calculations.
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