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Loan Calculator
Work out the monthly payment on any loan — personal, car or otherwise. Enter the amount, interest rate and term to see your payment, total interest and the full cost.
Understand what a loan really costs
This loan calculator shows the true cost of borrowing. Enter how much you want to borrow, the annual interest rate, and how long you'll take to repay it — and you'll see your fixed monthly payment, the total interest you'll pay, and the overall amount you'll repay. It works for personal loans, car loans, and most fixed-rate instalment loans.
Tips before you borrow
- Shorter terms cost less overall. A shorter term means higher monthly payments but far less total interest.
- The rate matters most. Even a 1–2% lower rate can save a lot over the life of the loan — always compare offers.
- Check the total, not just the monthly. A low monthly payment can hide a high total cost.
This is an estimate for education only and excludes fees, insurance and charges some lenders add. It is not financial advice or a loan offer.
Frequently asked questions
What's included in the monthly payment?
Principal and interest only. Real loans may add arrangement fees or insurance, so treat the result as a close estimate.
Can I use it for a car loan?
Yes. It works for any fixed-rate instalment loan — personal, car, or similar.
Is my data stored?
No. Everything is calculated in your browser and nothing is uploaded.