Loan Calculator
Calculate your monthly loan or mortgage payment, total interest and payoff date, with a full amortization schedule. Free, runs in your browser.
- No uploads
- No limits
- No signup
- Principal
- Interest
Payment schedule
| Period | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 14,389.21 | 2,456.02 | 11,933.19 | 197,543.98 | |
| 14,389.21 | 2,607.51 | 11,781.71 | 194,936.47 | |
| 14,389.21 | 2,768.33 | 11,620.88 | 192,168.14 | |
| 14,389.21 | 2,939.08 | 11,450.14 | 189,229.06 | |
| 14,389.21 | 3,120.35 | 11,268.86 | 186,108.71 | |
| 14,389.21 | 3,312.81 | 11,076.41 | 182,795.91 | |
| 14,389.21 | 3,517.13 | 10,872.08 | 179,278.77 | |
| 14,389.21 | 3,734.06 | 10,655.15 | 175,544.71 | |
| 14,389.21 | 3,964.37 | 10,424.84 | 171,580.34 | |
| 14,389.21 | 4,208.89 | 10,180.33 | 167,371.45 | |
| 14,389.21 | 4,468.48 | 9,920.73 | 162,902.97 | |
| 14,389.21 | 4,744.09 | 9,645.13 | 158,158.88 | |
| 14,389.21 | 5,036.69 | 9,352.52 | 153,122.19 | |
| 14,389.21 | 5,347.34 | 9,041.87 | 147,774.85 | |
| 14,389.21 | 5,677.16 | 8,712.06 | 142,097.69 | |
| 14,389.21 | 6,027.31 | 8,361.90 | 136,070.38 | |
| 14,389.21 | 6,399.06 | 7,990.15 | 129,671.31 | |
| 14,389.21 | 6,793.74 | 7,595.47 | 122,877.57 | |
| 14,389.21 | 7,212.77 | 7,176.45 | 115,664.81 | |
| 14,389.21 | 7,657.63 | 6,731.58 | 108,007.17 | |
| 14,389.21 | 8,129.94 | 6,259.27 | 99,877.23 | |
| 14,389.21 | 8,631.38 | 5,757.84 | 91,245.86 | |
| 14,389.21 | 9,163.74 | 5,225.47 | 82,082.12 | |
| 14,389.21 | 9,728.94 | 4,660.27 | 72,353.17 | |
| 14,389.21 | 10,329.00 | 4,060.21 | 62,024.17 | |
| 14,389.21 | 10,966.07 | 3,423.14 | 51,058.10 | |
| 14,389.21 | 11,642.43 | 2,746.78 | 39,415.67 | |
| 14,389.21 | 12,360.51 | 2,028.70 | 27,055.16 | |
| 14,389.21 | 13,122.88 | 1,266.33 | 13,932.27 | |
| 14,389.21 | 13,932.27 | 456.94 | 0.00 |
- Input:
- Amount · Percentage
- Output:
- Amount · Date
- Runs on:
- Your device
- Size limit:
- None
- Account:
- Not needed
How to use Loan Calculator
Enter the loan
Type the amount you borrow, the yearly interest rate and the term in years (add extra months if needed). Any currency works.
Add an extra payment
Optionally enter an extra amount you pay every month to see how much sooner you finish and how much interest you save.
Read the results
See the monthly payment, total interest, total paid and payoff date, then open any year of the schedule to see each month.
Why Loan Calculator on Toolshed
No uploads
Everything runs in this browser tab. Your files never leave your device.
No limits
No file-size caps, no daily quotas. Process as much as your device can handle.
No signup
No account, no email, no watermark.
Frequently asked questions
Can I use this as a mortgage calculator?
Yes. A mortgage is a fixed-rate loan, so enter the home loan amount, the rate and the term (for example 30 years). Taxes, insurance and fees are not included.
How does an extra monthly payment help?
Extra money goes straight to the principal, so the balance falls faster, interest is charged on less and the loan is paid off earlier. The table shows the shorter schedule.
How is the payment calculated?
With the standard fixed-rate amortisation formula, with interest charged monthly at one twelfth of the yearly rate. Your bank may round slightly differently. Nothing you enter leaves your browser.
Are my files uploaded anywhere?
No. Loan Calculator runs entirely in your browser. Your files are processed on your device and are never sent to a server.
Is there a file size limit?
No fixed limit. The only limit is your device's memory. Very large files work best in a desktop browser.
Is Loan Calculator really free?
Yes. There's no account and no watermark. A short optional ad, or a 20-second wait, unlocks each download. That's how we keep it free.