# Loan Calculator

This loan calculator will let you estimate loan repayments over time.

Specifying loan amount, term and interest rate, you can calculate your monthly loan payment and see how each payment is distributed over time.

Monthly Payment

## $359.37

Total Payments | $21,562.43 |

Total Interest Paid | $1,562.43 |

## Amortization Graph

(See how your payments change over time)## Amortization Schedule

## About Loan Calculator

This calculator offers basic calculations of common loan types such as mortgages, car loans, personal or student loans etc.

It is based on amortized loan type, where fixed amount is paid periodically.

This type of loans have regular payments that are amortized uniformly over the life of the loan.