Loan & Mortgage Calculator

Calculates monthly payments, total interest, and generates a full amortization schedule for fixed-rate loans (e.g., mortgages, car loans).

Instructions

1. Enter the total **Loan Amount** (principal). 2. Enter the **Annual Interest Rate** (as a percentage, e.g., 6.5 for 6.5%). 3. Enter the **Loan Term** and select whether it's in **Years** or **Months**. 4. (Optional) Limit the number of rows in the amortization schedule output. 5. Click 'Run Tool'. The results will show your estimated monthly payment, total interest paid, and a detailed month-by-month amortization schedule.

The total amount of the loan you are borrowing.
The annual interest rate for the loan (e.g., enter 6.5 for 6.5%).
The duration of the loan.
Select whether the loan term is specified in years or months.
Limit the number of monthly schedule rows returned in the JSON. 0 or blank = return all rows.