Repayment Calculator

Calculate loan repayment schedule and monthly payment.

Loan Amount ($)

Interest Rate (%)

Loan Term (years)

Results

Monthly Payment:

Total Payments:

Total Interest:

What is this Repayment Calculator for?

Calculates monthly payment and total cost of a loan.

Uses standard loan amortization formula M = P[r(1+r)^n]/[(1+r)^n-1].