Monthly payment
$0/mo
Total paid—
Total interest—
Estimate your monthly payment for a mortgage, auto loan, or personal loan — same engine, any loan type.
Monthly payment is calculated using the standard amortization formula, which spreads principal and interest across equal payments over the loan term. Early payments are interest-heavy; later payments pay down more principal.
payment = P × [r(1+r)^n] / [(1+r)^n − 1]