FreeBeeTools
EnglishEN

Loan Calculator

Enter the loan amount, the yearly interest rate and the term to see your monthly payment. Works for personal loans, car loans and mortgages with fixed rates.

Frequently asked questions

How is the monthly payment calculated?

It uses the standard amortization formula for a fixed-rate loan with equal monthly payments, the same method most banks use.

Does it include fees or insurance?

No. Bank fees, insurance and taxes are not included, so your real payment may be a bit higher. This is an estimate, not a loan offer.

More free tools