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LOAN Calculator
 Use our handy loan calculator for loans such as automobile purchases or other consumer loan purposes. Enter in the correct information and you’ll see your payment schedule, monthly costs, total costs, and total interest paid.
 Loan Calculator
 

Enter your information in the boxes below. Please do not include commas or dollar signs. When you click "Calculate," the amount of your monthly payment will appear below.
Help with terms used on the calculator

 
Purchase
Price
Down
Payment
Loan
Amount
Interest
Rate
Number of months
  
 Loan Calculator Help
  Purchase Price
The total price for the purchase you are making.
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Down Payment
The amount of the down payment you will pay directly to the seller.
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Loan Amount
The Purchase Price minus the Down Payment. In this calculator, it is calculated automatically when you fill in a purchase price and a down payment.
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Interest Rate
The interest rate the bank will charge you for your loan. In this calculator, you do not have to include the % sign.
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Number of Months
The number of months your loan will be for.
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Calculate
When you press the Calculate button, the calculator will calculate the monthly loan payment for your loan, as well as an amortization schedule (which shows you how much interest and principal you pay off each year). Results display below the calculator. Please do not use commas, decimal points, or dollar signs.
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