💰 Loan Calculator

Calculate monthly payments, total interest, and payment schedule for loans, mortgages, and financing options. Formula: M = P[r(1 + r)n] / [(1 + r)n - 1] where M = Monthly Payment, P = Principal, r = Monthly Interest Rate, n = Number of Payments
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Loan Inputs

Total amount you want to borrow
Annual interest rate
Duration of the loan
Amount paid upfront (for mortgages/auto loans)
Additional principal payment each month
For mortgages (optional)
For mortgages (optional)

Results

Enter loan details above to calculate payment schedule and total costs.