Loan Calculator — Free Online Tool
Use Loan Calculator free online — runs entirely in your browser, no data sent to servers. No sign-up required.
Loan Details
Formula
M = P × [r(1+r)ⁿ] / [(1+r)ⁿ − 1]
- M = monthly payment, P = principal
- r = monthly interest rate (annual rate / 12 / 100)
- n = total number of months
Frequently Asked Questions about Loan Calculator
- Is Loan Calculator completely free to use?
- Yes, Loan Calculator is 100% free with no sign-up, no watermarks, and no usage limits.
- Is my data private?
- Loan Calculator runs entirely in your browser — no data is ever sent to our servers. Your content stays on your device.
- Does it work offline?
- Once the page has loaded, Loan Calculator works fully offline in your browser — no internet connection is required.
- How accurate are the results?
- All calculations use standard, well-established formulas and are accurate to at least 4 decimal places. Results are for guidance.
- Does Loan Calculator work on mobile and tablet?
- Yes, Loan Calculator is fully responsive and works in all modern browsers on desktop, tablet, and mobile.
This tool runs entirely in your browser. No data is ever sent to our servers.