Loan Calculator
Estimate monthly payments, interest, and total cost.
Embed this tool on your site
Free — a link back to LoopStook is included.
What is the Loan Calculator?
Free loan calculator. Enter the loan amount, annual interest rate, and term to see your monthly payment, total interest, and total amount paid — for a mortgage, auto, personal, or student loan.
How to use the Loan Calculator
- 1
Enter your numbers
Type your figures into the Loan Calculator fields.
- 2
Read the result
The result calculates instantly in your browser as you type — there's no button to press.
- 3
Use it to decide
Apply the number to guide your budget, pricing, rate, or campaign decision.
Frequently asked questions
How is the monthly loan payment calculated?
It uses the standard amortizing-loan formula from your principal, monthly interest rate (annual rate ÷ 12), and number of monthly payments — so every payment is equal and the loan is fully paid off by the end of the term.
Does it include taxes, insurance, or fees?
No — it estimates principal and interest only. Add any property taxes, insurance, or origination fees separately for a complete picture.
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