A loan calculator helps you estimate how much you’ll pay for a loan over time — including your payment amount, total interest, and total repayment. This page supports multiple loan styles: Amortized loans (regular payments), Deferred payment loans (pay at maturity), and Bonds (present value / amount received today for a future due amount).
Use this tool to compare interest rates, terms (years + months), payment frequency, and down payment effects — and to view/download a schedule or PDF report.
This calculator uses standard finance formulas to estimate repayment based on your inputs. Depending on the loan type you choose, it will compute:
Regular payments over time (monthly/biweekly/etc.). Each payment is split into interest + principal. Your balance decreases until it reaches zero.
No periodic payments. Interest accrues over the term, and the full amount is due at maturity (principal + accumulated interest).
Given a future “due amount” (face value), the calculator estimates how much you would receive today based on interest rate, term, and compounding.
These are educational estimates; real products may include fees, compounding conventions, and rounding differences.
Try the same loan amount with different rates, terms, or payback frequencies to see trade-offs between affordability (payment size) and total cost (total interest).
Amortized loans are the most common type (mortgages, auto loans, many personal loans). You repay with regular payments over time. Each payment includes:
The amortization table shown above is a helpful estimate for planning and comparison.
In a deferred payment loan, you don’t pay periodically. Instead, interest accrues over time, and the full amount due is paid at the end of the term.
Deferred models can help estimate the future value of a borrowed amount or a lump-sum repayment plan. Always check real loan terms and fees.
Bonds (or similar instruments) can be viewed as the reverse of a deferred payoff: you have a future amount (face value) and want to know how much it’s worth today. This calculator estimates the amount received based on term, interest rate, and compounding.
Rahul is planning to take a loan and wants to understand the real cost before choosing a lender. He compares:
After checking the total interest + repayment schedule, he chooses the plan that fits his monthly budget while keeping total cost reasonable.
Example scenario for education only. Always verify with your lender and read the full loan terms.
Differences can happen due to fees, rounding, compounding conventions, payment posting rules, and real-world loan conditions. This calculator provides estimates for planning and comparison.
Often it can, because principal is reduced sooner across the year. But results depend on your loan terms and how interest is calculated.
A larger down payment reduces the amount you borrow, which usually lowers your payment and total interest.
It’s how often interest is added to the balance (monthly, daily, continuously, etc.). Different compounding can change the final amount due.
Yes for general estimates. For mortgages specifically, consider taxes/insurance/PMI as additional monthly costs (use the Mortgage Calculator page for that).
No. Many loans include fees that affect APR and real cost. Use this as an estimate, then confirm with lender disclosures.
This loan calculator is for educational and informational purposes only and does not provide financial, legal, tax, or investment advice. Results are estimates and may differ from actual lender schedules due to fees, escrow rules, rounding, compounding conventions, and loan-specific terms. Always confirm details with your lender or a qualified professional.
Typically 15-30 years, secured by the property
Usually 3-7 years, secured by the vehicle
Typically 2-5 years, often unsecured
Usually 10-25 years, various repayment options