Loan Calculator

Estimate a fixed monthly payment and total interest.

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How to calculate

Payment = principal × monthly rate ÷ (1 − (1 + monthly rate)^−payments)

A 25,000 five-year loan at 6.5% costs about 489.15 per month.

Assumes equal monthly payments and a fixed rate. Fees, taxes and prepayments are excluded.

Results display up to 8 decimal places; exported numbers preserve calculation precision. This is a calculation summary, not an official certificate.