Loan Calculator
Calculate exactly how much the loan will cost you per month.
How it works: Enter loan amount, interest rate and the number of years you will pay off the loan. The calculator assumes a standard annuity loan, and shows you the fixed installment amount, the total interest cost, and a detailed repayment plan.
Enter the numbers to see the result
Frequently asked questions about loans
What is an annuity loan?
In an annuity loan, you pay exactly the same amount every month (as long as the interest rate does not change). The advantage is that it is predictable. The downside is that at the start of the loan you pay almost exclusively interest and very little installments.
What is a serial loan?
In a serial loan, you pay a fixed installment every month, in addition to the interest on the remaining amount. This means that the installment amount will be very high at the start, and then gradually become lower. Serial loans give marginally lower total interest costs than annuity loans over time.