HomeExpertly
www.homeexpertly.comLoan Payment Calculator (USA)
Estimate your payment, total interest and payoff time for any fixed-rate loan. Compare monthly, bi-weekly or weekly schedules, and see how extra payments cut your interest and shorten the term.
For estimation purposes only. Figures assume a fixed rate and exclude taxes, insurance, PMI and fees. Confirm actual terms with your lender.
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Loan Details
$1K$500K$1M
%
0%7.5%15%
2
Payment Schedule
Bi-weekly and weekly schedules pay off faster because you make more payments each year.
3
Extra Payments
Added to every scheduled payment. The results will show the interest and time you save.
Monthly Payment
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Enter your loan details and click Calculate
Total Interest
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Total Paid
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Payoff Time
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Where Your Money Goes
Payment Summary
Payment per period—
Number of payments—
Total of payments—
Total interest—
Key Figures
Monthly payment
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Total interest
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Total paid
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Payoff time
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Interest vs principal
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Interest saved
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Balance & cumulative interest over time
| Year | Beginning Balance | Principal Paid | Interest Paid | Total Paid | Ending Balance |
|---|---|---|---|---|---|
| Calculate to see the amortization schedule | |||||