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AtlasCalc

Finance / Borrow smarter

Loan Calculator

Model fixed-rate loans in seconds. Enter your principal, interest rate, and term to see your monthly payment, total interest cost, and payoff schedule instantly.

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Calculator

Follow the steps below and update the fields to see instant results.

Total amount you plan to finance.

Annual percentage rate before additional fees.

Number of years you will take to repay.

Loan results

Results update instantly as you change the inputs.

Monthly payment$1,380.51
Total interest$246,983.33
Total repaid$496,983.33
Figures assume fixed monthly payments applied for the full loan term.

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Payment breakdown

Visualize how much of your total repayment goes toward principal versus interest.

How it works

This quick loan calculator applies the classic amortization formula used by lenders worldwide. It converts your APR into a periodic rate, determines the number of payments, and then produces a consistent installment amount that repays both principal and interest.

The results show the blended payment, your total interest costs, and the overall amount repaid. To dive deeper, review the amortization schedule: every month, the interest portion shrinks while the principal portion grows. That pattern reveals how extra payments reduce time in debt.