Calculate monthly payments, total interest and full amortization schedule instantly. No signup, no ads, no fluff. Mortgage, car loan, refinance and DTI calculators included.
✓ No signup required✓ Full amortization table✓ Instant results✓ 8 languages✓ Early payoff calculator
See every payment broken down into principal and interest for the entire loan term. Export to CSV.
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Zero signup required
No account, no email, no cookies wall. Open and calculate immediately.
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Instant live results
Results update as you type or drag sliders. No calculate button to click.
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8 languages
EN, SK, CS, DE, PL, HU, RU, ES — auto-detected by your location. Currency-aware.
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Early payoff calculator
See exactly how much interest you save with extra monthly payments.
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Scenario comparison
Compare two loan scenarios side by side — different rates, terms or amounts.
How to Calculate Loan Payments
A loan payment is calculated using the standard amortization formula. The three inputs that determine your monthly payment are:
Principal (P) — the amount you're borrowing
Interest rate (r) — the annual rate divided by 12 to get the monthly rate
Term (n) — the number of monthly payments (years × 12)
The loan payment formula
M = P × [r(1+r)ⁿ] / [(1+r)ⁿ − 1]
Example: $20,000 at 7% for 5 years (60 months)
Monthly rate r = 7% ÷ 12 = 0.5833%
Monthly payment M = $396.02
Total repaid = $23,761
Total interest = $3,761
How to lower your monthly payment
Choose a longer repayment term (raises total interest paid)
Secure a lower interest rate (improve credit score, compare lenders)
Borrow less by increasing your down payment
Refinance an existing loan when rates drop
All Calculators
Calculator
What it calculates
Key feature
Personal loan
Monthly payment, total interest, amortization
Full schedule + early payoff
Mortgage (PITI)
Payment including tax and insurance
Live FRED rate data
Car loan
Auto payment with trade-in and tax
Trade-in value deduction
Refinance
Monthly savings and break-even point
Break-even analysis
DTI calculator
Debt-to-income ratio
Lender approval likelihood
Compound interest
Investment growth with contributions
Monthly contribution impact
LoanCalcHub vs Other Calculators
Feature
LoanCalcHub
NerdWallet
Bankrate
No signup required
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Full amortization table
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Early payoff calculator
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Scenario comparison
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8 language support
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Currency auto-conversion
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CSV export
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Ad-free
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Available in 8 Languages
LoanCalcHub automatically detects your country and switches language. Or pick manually:
Does this loan calculator require a signup or account?
No. LoanCalcHub is completely free with no account required. All calculators work instantly without registration — unlike many competitors that require you to create an account to see full results.
What is a loan amortization schedule?
An amortization schedule shows every payment over the loan's life, broken down into principal and interest. In early payments, more goes to interest. Over time, the balance shifts toward principal. LoanCalcHub generates the full table and lets you export it to CSV.
How accurate is this calculator?
The calculator uses the standard amortization formula with a fixed interest rate, which is how most installment loans work. Results are accurate for standard amortizing loans. Actual payments may differ slightly due to lender fees, rounding, or variable rates.
Can I compare two different loan scenarios?
Yes. The scenario comparison tool lets you compare your current loan parameters against an alternative — different rate, different term, or different amount — and shows the difference in monthly payment and total interest.
How do I calculate how much interest I'll save by paying extra each month?
Use the early payoff calculator tab. Enter your extra monthly payment amount and it instantly shows how much interest you save and how many months earlier you'll be debt-free.