Borrowing tool

Loan Calculator

Estimate your monthly payment, total repayment amount, and interest cost from a few simple loan details.

Loan details

Adjust the values to instantly update the estimate.

Loan amount ($)Yearly nominal interest rate (%)Term (years)

Monthly payment

$188.71

Uses the yearly nominal rate divided into monthly periods.

Total paid$11,322.74

Total interest$1,322.74

Repayment breakdown

Principal 88.3%Interest 11.7%