Repayment Calculator
A fixed monthly payment is calculated from principal, monthly interest rate, and number of months.
This calculator is free to use. Enable JavaScript to enter your values and see a result instantly.
How it works
A fixed monthly payment is calculated from principal, monthly interest rate, and number of months.
Worked example
Compare a five-year and seven-year term to see how monthly payment and total interest change.
Keep in mind
Fees and loan-specific repayment rules are not included.