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Simple Loan Calculator

This calculator will compute a loan's monthly payment amount and the total interest based on the purchase price, downpayment amount, interest rate and number of monthly payments.

Purchase price:

Downpayment amount:

Interest rate (%):

Number of monthly payments:



Amount financed:

Monthly payment:

Total interest:

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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