Loan Repayment Schedule
Enter your loan amount, interest rate and term to see the monthly payment and a full month-by-month repayment schedule.
Repayment schedule
Monthly payment
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Total interest
0
Total payable
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Months
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| Month | Payment | Principal | Interest | Remaining |
|---|
How to use
- Enter the loan amount, the annual interest rate and the term in years or months.
- Press Generate Schedule — the monthly payment, total interest and total payable are calculated instantly.
- Use Print Schedule to save or print the full month-by-month table.
Frequently asked questions
How is the monthly payment calculated?
The standard amortization formula is used: payment = principal x r / (1 - (1 + r)^-n), where r is the monthly interest rate and n is the number of months.
Does it work with 0% interest?
Yes. With a 0% rate the monthly payment is simply the loan amount divided by the number of months.
Are the results exact for a real bank loan?
This is an estimate for planning. Real banks may use slightly different rounding or fee rules, so always confirm with your lender.