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Loan Payment

Monthly payment from principal, rate and term.

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Standard amortizing payment. It does not include fees or insurance.

About this tool

Estimate the monthly payment on a mortgage, car loan or personal loan. Enter the principal, the annual rate and the term in months; the result is the fixed payment of a standard amortizing loan.

How to use it

  1. 01

    Enter the loan amount.

  2. 02

    Enter the annual interest rate in percent.

  3. 03

    Enter the term in months and read the monthly payment.

FAQ

Frequently asked questions

Does the payment include fees or insurance?

No. It is the pure principal-and-interest payment. Add fees and insurance from your lender separately.

What kind of loan does it assume?

An annuity loan with equal monthly payments over the whole term.