Loan calculator
FinanceCalculate the monthly payment, total interest and total cost of a loan.
Your results
Estimate the monthly payment, interest and total cost of a loan.
How the payment is calculated
We use the French amortisation formula. The monthly payment is fixed and includes a portion of capital plus interest, calculated on the outstanding balance.
Compare before signing
A small change in the rate or the term changes the total paid dramatically. Always compare several options before committing.
Frequently asked questions
Answers to the most common questions about this tool.
How is this result calculated?
It applies the relevant financial formula to the amounts, terms, and rates you enter.
Does the result include every cost?
Not necessarily; fees, taxes, insurance, and third-party charges may be excluded.
Can I use this as a final financial quote?
No. Use it to compare scenarios and confirm final terms with the relevant provider.
What information do I need to enter?
Enter amounts, rates, and time periods consistently.
What assumptions does the calculation make?
It assumes the values you enter remain constant for the selected scenario.
Sources and methodology
Methodology: Loan payment
Applies the amortized-payment formula with principal, annual rate, and monthly term.
It excludes fees, insurance, taxes, and real contract conditions.
References
No external reference is required: the mathematical calculation is described above.
Last reviewed
July 15, 2026