Borrowing outside a mortgage
Loan and borrowing calculators
Estimate payment, APR, repayment schedule, and total loan cost.
Loan and borrowing calculators
6 calculators
About these calculators
Personal, auto, and student loans share one structure: a fixed amount, a rate, and a term, repaid on a level schedule. What differs is how lenders present them, which is where comparisons go wrong.
A lower monthly payment usually means a longer term, and a longer term usually means more total interest even at the same rate. The tools below separate the monthly figure from the total cost so both are visible at once, and the comparison calculator puts two offers side by side on the same basis.
Which tool answers what
| Calculator | What it estimates |
|---|---|
| Personal Loan Calculator | Estimate monthly payments and total interest for a fixed-rate personal loan. |
| Auto Loan Calculator | Estimate a car loan monthly payment and total interest from the vehicle price, down payment, trade-in, rate, and time to repay. |
| Student Loan Calculator | Estimate a student loan monthly payment, how long it takes to clear, and the total interest, using a fixed rate you enter. |
| Loan Repayment Calculator | Estimate the monthly payment, total interest, and how long a fixed-rate loan takes to clear, with a month-by-month payment schedule. |
| Loan Comparison Calculator | Compare two fixed-rate loans side by side: monthly payment, total interest, total paid, and time to repay. No single option is picked for you. |
| APR Calculator | Estimate the APR, the rate plus certain fees, for any fixed-rate loan from the amount, stated rate, time to repay, and any fees. |
Common questions
What is the difference between APR and interest rate?
The interest rate prices the borrowing alone. APR expresses the rate together with the fees required to take the loan as a single annualised figure, which is what makes it the more comparable number when two offers carry different fees.
Why does a longer term cost more overall?
A longer term spreads the same principal across more payments, so each one is smaller, but interest accrues on the outstanding balance for longer. The monthly figure falls and the total paid rises. The repayment calculator shows both figures from the same inputs.
How do I compare two loan offers properly?
Compare them on the same term and include fees, then read the total paid rather than only the monthly payment. Two offers with identical monthly figures can differ substantially in total cost if their terms or fee structures differ.
How is a repayment schedule worked out?
Each payment covers the interest accrued on the current balance first, and whatever remains reduces the principal. Because the balance falls each period, the interest share falls and the principal share rises across the term, which is what an amortization schedule sets out row by row.
Other decisions
What do I actually take home?
Estimate take-home pay, salary deductions, tax withholding, and employer payroll cost.
Can I buy this home?
Estimate home affordability, mortgage payments, down payment, loan-to-value, and closing costs.
How do I manage or improve my existing mortgage?
See amortization, payoff, extra payments, recasts, points, and rate-adjustment scenarios.
Should I refinance or use home equity?
Compare refinance options, break-even timing, equity access, HELOCs, and cash-out choices.
How do I get out of debt?
Plan payoff, minimum payments, balance transfers, consolidation, and debt ratios.
How will my money grow?
Saving, Investing & Retirement
Project compounding, investment growth, and retirement savings.