CreditGuideHub

Loan Payment Calculator

Enter a loan amount, rate, and term to estimate your monthly payment and see a full amortization breakdown.

Fixed-rate loan estimate

For principal P, monthly rate r and n months, payment = P × r ÷ (1 − (1+r)^−n); at 0%, payment = P ÷ n. This uses the contractual interest rate, not fee-inclusive APR. Assumes fixed rate, regular end-of-month payments and no fees, insurance or taxes. Maximum 1,200 months. The final payment is adjusted for the remaining balance.

Check the example: $1,200 at 0% over 12 months → $100 per month and no interest.

Enter the values, then calculate.

Inputs are processed in this page, not saved or submitted by this calculator. Reloading clears your entries. Results are educational estimates.

New to borrowing? Start with Personal Loans 101.