Home Resources Useful Links Useful Links Financial Calculators October 1, 2021 CPAs & Advisors How much will my loan payments be? Use this calculator to compute the payment amount (principal and interest) for a fixed rate loan. All fields are required. Purchase amountDown payment amountLoan termterm in months or years Months YearsInterest rateShow payment schedule Calculator Results Your loan payment will be $539.06. Calculator tipsYour payments add up to $32,343.67. The total of payments includes interest of $2,343.67 over the life of the loan. This calculator uses monthly compounding and monthly payment frequency. Calculator disclaimer The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. Presented by TimeValue Software ©2025