Monthly loan payment calculator
Fixed monthly payment, first-payment interest and principal, and estimated total interest, with no fees or balloon.
How it works
For fixed monthly interest r and n payments: payment = principal × r / (1 − (1 + r) raised to −n). At zero interest, payment = principal / n. Payments are in arrears, with no fees or balloon. Interest is estimated from unrounded payments; lender rounding and daily accrual can differ.
One of the nine business calculators. Calculations run in this browser. The calculator code does not send your inputs to a server or save them automatically. To check, disconnect from the internet once the page has loaded, then calculate.
Planning estimates in AUD. Confirm tax treatment, liability amounts and dates separately. Amounts round to the nearest cent, with exact half cents rounded up.