Estimate payments, total interest, and schedules in seconds.
Use this loan calculator for amortized loans, deferred payment loans, and bond-style present value calculations.
Pick compounding and payback frequency to model realistic loan scenarios quickly.
An amortized loan is repaid with equal periodic payments that include both principal and interest.
A deferred payment loan pays a lump sum at maturity with interest compounded over time.
A bond calculation determines the present value of a predetermined amount due at maturity.
APR is a nominal annual rate; APY accounts for compounding.
Yes. Monthly, quarterly, or annual payments change the number of payments and interest accrued.
Yes. Use amortized mode with monthly compounding and monthly payments.
Total interest equals total payments minus principal for amortized loans.
Yes. Choose a currency to format the results.
Yes. It is free and requires no registration.
Yes. Open the schedule to see principal and interest by period.
This loan calculator estimates payments, total interest, and amortization schedules. It supports amortized loans, deferred payment loans, and bond-style present value calculations with adjustable compounding and payback frequency.
Choose the loan type above, enter amount, term, interest rate, and compounding schedule. The results update instantly with payment totals and a clear principal vs interest split.
Payment = P × [i / (1 − (1 + i)^−n)]
Future Value = P × (1 + r/m)^(m×t)
Present Value = FV ÷ (1 + r/m)^(m×t)
Loan $250,000, 30 years, 6% APR monthly. Payment uses amortized formula with 360 payments.
Loan $25,000, 5 years, 7% APR monthly. Total interest = total payments − principal.
Loan $100,000, 10 years, 6% compounded annually. Amount due = $100,000 × 1.06^10.
Future value $100,000 due in 10 years at 6% APY. PV = $100,000 ÷ 1.06^10.
An amortization table shows how each payment splits between interest and principal. Early payments are interest-heavy; later payments pay down more principal.
APR is the nominal annual rate. APY reflects compounding. Monthly compounding produces a higher effective annual rate than yearly compounding.
Monthly payments: 12 payments per year.
Total interest: Total paid − principal.
Deferred payment: Future value from compounding.
An amortized loan is repaid through equal periodic payments with interest and principal portions.
For amortized loans, total interest equals total payments minus principal.
It is repaid as a single lump sum at maturity, with interest compounded over time.
It is today’s value of a future payment discounted by the interest rate.
Yes. Choose amortized mode with monthly compounding and payments.
Yes. It changes the number of payments and the effective interest per period.
No. APY includes compounding effects while APR is nominal.
Use “View Amortization Table” to expand the schedule.
Yes. Adjust rate, term, and compounding to compare outcomes.
Yes. It’s free with no registration required.
Disclaimer: This calculator is for informational purposes only and does not constitute legal or financial advice. We do not guarantee the accuracy or completeness of the results. Please consult a qualified professional for advice specific to your situation.