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Simple Loan Calculator

This simple loan calculator helps you find out how much debt you can afford. Just input the loan amount, interest rate, and number of years to get an idea of what your monthly payment could be.

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$
%
years
Monthly payments
$89.84
Total payment
$5,390.61
Total interest payment
$390.61
7% of total payment 8% of loan amount
Total payment breakdown
Your total payment of $5,390.61 is comprised of your $5,000 loan amount (principal) and $390.61 in interest payments.
Loan amount
$5,000
Total interest
$390.61

Loan amount
93%
of total payment
Total interest
7%
of total payment