How Loan Calculator works
Loan payments are estimated from principal, interest rate and repayment term using standard amortization assumptions. Lender-specific fees, insurance, taxes and penalties may change the actual payment.
Calculate monthly loan repayments, total interest and repayment costs.
Estimate monthly repayments, total interest and overall borrowing costs instantly using our free loan calculator.
Enter the loan amount.
Enter the interest rate.
Select the loan term.
Click Calculate.
Review the repayment breakdown.
Monthly payment calculation
Interest breakdown
Instant results
Runs locally in your browser
Input
Loan: £25,000 Interest: 6% Term: 5 Years
Output
Monthly Payment: £483.32
Loan payments are estimated from principal, interest rate and repayment term using standard amortization assumptions. Lender-specific fees, insurance, taxes and penalties may change the actual payment.
Financial calculations are estimates and do not account for every lender, bank, market, tax or contractual condition. Verify important financial decisions against the actual terms that apply to you.
This tool is designed to perform its main calculation or transformation in your browser. Do not enter information that the tool does not need, and review the site's Privacy Policy for analytics, advertising and third-party services.
Answers about how the tool works, its limitations, and how your information is handled.
The calculator uses a standard amortised loan repayment formula.
Yes. It works for mortgages, personal loans and car loans.
No. Everything is calculated locally inside your browser.
No. The result is a mathematical estimate for planning or educational purposes. Actual financial or tax outcomes depend on the terms, rules and circumstances that apply to you.
This tool is designed to perform its main calculation or transformation in your browser. Do not enter information that the tool does not need, and review the site's Privacy Policy for analytics, advertising and third-party services.
Continue with related UtilsDesk tools for the same type of task. Each tool has its own instructions, examples, methodology notes, and limitations.