How to Use the Loan Calculator

Our comprehensive loan calculator helps you determine monthly payments, APR, maximum loan amounts, and remaining balances for various types of loans including personal loans, business loans, auto loans, mortgages, and student loans. Understanding your loan details is crucial for budgeting and financial planning.

Calculator Features

• Payment Calculator: Calculate monthly payments based on loan amount, interest rate, and term
• APR Calculator: Determine the true annual percentage rate including fees
• Loan Amount Calculator: Find out how much you can borrow based on your budget
• Remaining Balance: Calculate how much you still owe on an existing loan

Factors That Affect Your Loan

Your loan terms depend on several factors: the loan amount (principal), the interest rate, the loan term, and any additional fees. Generally, longer terms result in lower monthly payments but higher total interest costs. Understanding APR helps you compare loans with different fee structures.