How does the Amortization Calculator work?

Estimate loan payment and amortized interest cost. The result is an estimate based on the values entered.

Can I copy the result?

Yes. Use the Copy Result button to copy the current calculator results.

Loans & Debt

Estimate loan payment and amortized interest cost.

Loan Amount

Annual Interest Rate (%)

Term (Years)

Monthly Payment -

Total Paid -

Total Interest -

Formula

Payment = P * r(1+r)^n / ((1+r)^n - 1)

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