Finance & Money
Loan Calculator - Calculate Monthly Payments
Calculate monthly loan payments, total interest, and total cost.
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Frequently asked questions
How is the monthly payment calculated?
The calculator uses a standard amortization formula based on loan amount, rate, and term.
What if my interest rate is 0%?
If the rate is 0%, the payment equals loan amount divided by the number of months.
Does this include fees?
This version focuses on principal and interest only and does not include lender fees.