Estimate the payment and total cost of a personal or business loan.
⌁ All calculations run locally in your browser. No data is stored.
Assumes a fixed interest rate and equal monthly payments with no additional fees.
The calculator amortizes a fixed principal over equal monthly payments using the interest rate and term you enter.
Change any input to update the estimate instantly. Your entries never leave your device.
Read how SimpleCalc defines formulas, assumptions, and accuracy checks.
Use it for fixed-rate installment loans such as personal, business, or equipment loans.
No. Add origination and other lender fees separately when comparing offers.