Loan Calculator

Calculate monthly payments, total interest, and amortization schedules for business or personal loans.

How to Use

1. Enter the loan amount
2. Set the annual interest rate
3. Choose the loan term
4. View monthly payment and total cost

Loan Comparison Tips

Compare total cost, not just monthly payments. A lower monthly payment over a longer term often means paying significantly more in total interest. Always read the fine print for fees and prepayment penalties.