Does this include fees?

No. It models principal, interest rate, and term only. Fees, insurance, and taxes are not included.

An equated monthly instalment: a fixed payment that repays both principal and interest over the loan term.

Why does the total interest look high?

On a long loan, interest compounds over many years. Compare a shorter term to see how much interest you could save.

English

Calculator

Estimate monthly repayments and total interest.

Free · no sign-up Instant results Nothing stored

Ready when you are

Free to use · No signup required

Input

Result

Output appears hereFill in the fields, run the tool, and the result shows up right here with a one-click copy button.

About this tool

Estimate the monthly payment, total repaid, and total interest for a fixed-rate loan. Useful for comparing terms before you borrow.