Calculate the fixed monthly payment, total interest and total repayment of an equal-installment loan — 100% in your browser.
Monthly payment
Total interest
Total repayment
Enter the loan principal, annual interest rate and term in years, then click Calculate. The monthly payment uses the equal-installment formula M = P·r·(1+r)ⁿ / ((1+r)ⁿ−1), where r is the monthly rate and n the number of months. All math runs locally in your browser.