What does this calculator show?

Monthly payment (PMT), total interest over the life of the loan, and total amount repaid (principal + interest).

Same as amortization?

It uses the same PMT formula. For a full period-by-period schedule, use the loan payment table (amortization) tool.

Calculate loan payment schedule: loan amount, rate, term → monthly payment, total interest, and total amount repaid.

Loan amount ($)

Annual rate (%)

Term (months)

What does this calculator show?: Monthly payment (PMT), total interest over the life of the loan, and total amount repaid (principal + interest).
Same as amortization?: It uses the same PMT formula. For a full period-by-period schedule, use the loan payment table (amortization) tool.

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