Loan Amortization Calculator
A loan's real cost is the interest, not just the monthly payment. This calculator gives you the full picture: the fixed monthly payment, the total repaid and the total interest over the entire term.
How it works
The calculator uses the standard amortization formula: a fixed monthly payment where each instalment first covers accrued interest, then reduces the principal. Early payments are mostly interest; later payments are mostly principal.
Worked example
Example: €200,000 at 4.5% over 25 years → €1,112/month, €133,500 total interest.
Recommendations
- Compare terms: shorter terms raise the payment but slash total interest.
- Simulate extra repayments — a little each year can save years of payments.
- Check the rate type: fixed vs variable changes your risk profile.
Tips & advice
- At 4.5% over 25 years, interest is roughly two-thirds of the payment early on.
- Cutting the term from 25 to 20 years often adds little to the monthly cost.
- Refinancing pays when the rate drop covers the fees within your horizon.
Next steps & suggestions
- Check what you can borrow with the Borrowing Capacity Calculator.
- Apply the same math to a vehicle with the Car Loan Calculator.
- See how the loan affects your budget with the Cash Flow Calculator.
Borrowing Capacity Calculator
How much can you really borrow? It is not a guess — it flows from your income, existing debts, the rate and the term. This calculator gives you the number lenders will reach on their side of the desk.
Car Loan Calculator
The sticker price is only the start. Financing adds interest, and your down payment shapes both. This calculator turns a vehicle price and down payment into the monthly payment and total cost.
Debt-to-Income Ratio Calculator
Banks measure your credit risk with one number: the debt ratio. This calculator computes yours from your monthly debts and income, and shows how much margin you have before lenders start refusing.
Loan Amortization Calculator
It is 100% free, private and requires no signup.
Try it nowFrequently Asked Questions
Lenders generally accept a debt-to-income ratio up to 35%, and rarely above 45%. Lower is safer and improves your borrowing capacity.
It calculates a fixed monthly payment where each payment covers interest first, then principal. Over the term, the principal share grows while interest shrinks.
Yes — every calculator is 100% free, with no signup, no limit and no hidden cost.
No. All calculations run instantly in your browser. Your inputs are never sent to a server or saved.
They use standard financial formulas and are ideal for estimates. Actual figures can vary due to taxes, fees and local rules, so confirm critical numbers with a professional.
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