Estimate your monthly payment on a personal, auto or any fixed-rate loan. Enter the amount, rate and term to see the monthly installment, total interest and total cost.
Loan details
Result
FAQ
How is the monthly payment calculated?
We use the standard amortizing-loan formula for equal monthly installments: payment = P·i·(1+i)^n / ((1+i)^n − 1), where i is the monthly rate and n the number of payments.
Does this include fees?
No. It models pure interest on the principal. Origination fees, insurance or penalties are not included, so the real cost may be a bit higher.
Fixed vs variable rate?
This calculator assumes a fixed rate for the whole term. With a variable rate, payments change when the rate changes.
Is the result the same as a mortgage payment?
The math is the same equal-installment method. Use the dedicated Mortgage tool if you need China-specific loan types (housing-fund, combo).