Fixed-rate loan estimate · No sign-up
Loan Calculator
Estimate the monthly payment and total interest for a fixed-rate loan. Add an optional extra monthly payment to compare payoff time and potential interest savings.
Loan details
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Estimated repayment
Required monthly payment—
Total interest without extra—
Total paid without extra—
Payoff with extra—
Interest saved—
Time saved—
About this estimate
The calculation assumes a fully amortizing, fixed-rate loan with equal monthly payments. The extra-payment comparison assumes every extra amount goes directly toward principal.
- Fees, taxes, insurance, penalties and variable rates are not included.
- Confirm how a lender applies extra payments before relying on the comparison.
- This calculator provides general information, not financial or lending advice.