Loan Calculator Pro
LiveCalculate loan payments with extra payment simulator, compare two loans side-by-side, view amortization schedules, and download as CSV.
About this tool
How to use
- Enter the loan amount, interest rate, and term.
- Add optional extra monthly payments to see payoff acceleration.
- Compare two loans side-by-side with different rates and terms.
- View yearly or monthly amortization schedules.
- Download the full schedule as a CSV file.
Examples
- $25,000 car loan at 6.5% for 5 years with $100 extra/month → saves $800 in interest
- Compare 30-year vs 15-year mortgage: $300K at 6% vs $300K at 5.5%
- $10,000 personal loan at 8% for 3 years → $313/month, $1,280 total interest
FAQ
How do extra payments save money?
Extra payments reduce the principal faster, which means less interest accrues over the life of the loan.
Can I compare two loans?
Yes. Click 'Compare Another Loan' to enter a second set of loan details for side-by-side comparison.
Can I download the schedule?
Yes. Click 'Download CSV' to export the full monthly amortization schedule as a spreadsheet.
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