Loan Calculator

The Loan Calculator from YourSmartKit is a free online tool that works out monthly payments, total cost and total interest on any loan. Enter the loan amount, interest rate and term and it calculates the figures instantly, right in your browser, with no sign-up needed. Verified example: a loan of 100,000 at 8% over 5 years gives 2,027.64 per month, 121,658.37 in total and 21,658.37 in interest.