Loan Calculator
Calculate monthly payments, total interest, and create an amortization schedule.
Result
€0,00
Monthly Payment
€0,00
Total Payment
€0,00
Total Interest
0,00%
Effective Rate
Loan Calculator – Calculate Monthly Payments
Use our free loan calculator to quickly calculate your monthly loan payment. Simply enter the loan amount, interest rate, and term.
How Does an Annuity Loan Work?
With an annuity loan, you pay the same amount every month. This consists of interest and principal. At the beginning, the interest portion is higher; towards the end, the principal portion increases.
Calculation Formula
Monthly Payment = P × (r × (1+r)^n) / ((1+r)^n - 1)
- P = Principal (loan amount)
- r = Monthly interest rate (annual rate / 12)
- n = Number of months