100% Free · Private · No sign-up

Loan & Mortgage Payment Calculator

100% free — estimate your monthly loan or mortgage payment, total interest and total cost, with a full amortization schedule. Pick your currency and see results instantly.

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Three simple steps

How to calculate your loan or mortgage payment

No spreadsheets, no sign-up. Get your monthly payment and full schedule in seconds.

  1. 1

    Enter the loan details

    Type in the loan amount, the annual interest rate and the term in years (and months).

  2. 2

    Choose your currency

    Select a display currency so results are formatted just the way you expect them.

  3. 3

    Review your results

    See your monthly payment, total interest and total cost, plus a year-by-year schedule.

Everything you need

A loan calculator for mortgages, cars and more

Accurate amortization for any fixed-rate loan — fast, private and free.

Mortgages & home loans

Estimate monthly repayments on a new mortgage or refinance before you commit.

Car & personal loans

Works for auto loans, student loans and personal loans of any size and term.

Full amortization

See a year-by-year breakdown of principal, interest and remaining balance.

Choose your currency

Display results in your currency — formatting only, with no exchange-rate conversion.

Instant results

Everything recalculates the moment you change a number — no buttons to press.

100% private

All calculations run locally in your browser. Your figures are never uploaded.

Estimate your loan or mortgage payment with confidence

Whether you're buying a home, financing a car, or taking out a personal loan, knowing your monthly payment before you sign is essential. This free loan and mortgage payment calculator shows exactly what a fixed-rate loan will cost each month, how much interest you'll pay in total, and how the balance shrinks over time with a complete amortization schedule.

How the monthly payment is calculated

The calculator uses the standard amortization formula that banks and lenders use: the payment is based on your loan amount, the monthly interest rate (the annual rate divided by 12), and the total number of payments. Because the payment is fixed, early payments go mostly toward interest while later payments go mostly toward principal — which is exactly what the amortization schedule shows.

Mortgage, car and personal loans

The same math applies to any fixed-rate amortizing loan, so you can use this as a mortgage calculator, a car loan calculator, or a personal loan calculator. Try different terms and interest rates to see how they change your monthly payment and the total interest — a longer term lowers the monthly payment but typically increases the total cost of borrowing.

Choosing your currency

You can display results in a range of currencies including USD, EUR, GBP, JPY, CAD, AUD and more. The currency setting affects only how numbers are formatted — it does not convert between currencies — so the figures you enter are always used exactly as typed.

Because everything runs on your device, there's nothing to install and nothing is uploaded. Your numbers stay completely private, and the calculator works even when you're offline. This is one of many free browser tools on Uzetool — explore more tools as we add them.

Note: results are estimates for planning and comparison. Your actual payment may differ once taxes, insurance, fees and other lender-specific costs are included. Always confirm figures with your lender.

Questions

Frequently asked questions

How is a monthly loan or mortgage payment calculated?

It uses the standard amortization formula based on your loan amount, the monthly interest rate (annual rate ÷ 12), and the total number of monthly payments. Enter your amount, rate and term and the payment is worked out instantly.

What is an amortization schedule?

It shows how each payment is split between interest and principal over the life of the loan, and how the balance falls to zero. This calculator shows a year-by-year breakdown of principal paid, interest paid and remaining balance.

Does changing the currency convert the amounts?

No. The currency selector only changes the symbol and number formatting used to display your results. It never converts values between currencies, so your inputs are used exactly as entered.

Can I use this for a mortgage, car loan or personal loan?

Yes. Any fixed-rate amortizing loan works — mortgages, home loans, car loans, student loans and personal loans. Just enter the loan amount, annual interest rate and term.

Is the loan calculator free and private?

Yes — it's 100% free with no sign-up or limits, and every calculation runs locally in your browser, so none of your figures are ever uploaded. The tool is supported by unobtrusive ads so it can stay free.