Loan amortisation

See repayment cost, monthly dues, and lifetime interest.

Amount borrowed.

Fixed annual percentage rate.

Loan term in months.

Explain it like a wizard

Monthly payment model

This calculator uses the standard amortisation formula, compounding interest monthly and keeping payments fixed throughout the term.

Tips

Adjust principal, rate, or term to compare scenarios instantly. If you need an amortisation schedule, download from the mortgage tool for a detailed month-by-month view.

Privacy-first processing every time

WizardOfAZ tools do not need registrations, no accounts or sign-up required. Totally Free.

  • Local only: There are many tools like Text tools, some CSV tools, List tools etc. that are only processed on your browser. Data and Documents are transformed on your machine, so nothing is sent to our servers.
  • Transparent progress: Watch the processing banner appear as soon as work begins and know exactly when it completes.
  • Clear safeguards: Every tool links directly to our privacy policy and has been reviewed for accessibility.
  • Secure Process: Some Tools need to be processed in the servers so the Old Wizard processes your files securely on our servers, keeping them for up to 1 hour so your tool can finish its work—after that, they are automatically deleted after 1 Hour.
10K+ private jobs cast in the last 12 months

“The wizard does everything I need. I can merge sensitive PDFs without a second thought.”

— Morgan, legal operations lead

Read our full privacy promise

What is Loan Calculator?

Loan Calculator is a free utility calculator from WizardOfAZ. Use it to calculate calculations with instant results as part of your planning and decision making, without installing extra software.

Popular ways to use Loan Calculator

  • Streamline planning and decision making by using Loan Calculator to calculate calculations with instant results.
  • Share deliverables faster—processed values are ready for download in seconds.
  • Combine Loan Calculator with other WizardOfAZ tools to keep complex workflows in one browser tab.

Examples and workflow tips

  • Upload a sample file, cast the spell to calculate calculations with instant results, and download the processed result instantly.
  • Bookmark the Loan Calculator in your browser so recurring tasks stay only one click away.
  • Share the spell with teammates who need a quick, no-install way to calculate calculations with instant results.

Frequently asked questions

Is the Loan Calculator secure?

Yes. The Loan Calculator runs entirely in your browser, which means your numbers never leave your device.

What can I do with the Loan Calculator?

You can planning and decision making by processing values without uploading them to an external service.

Can I use Loan Calculator on mobile?

Yes. WizardOfAZ tools are responsive, so you can launch the spell on desktops, tablets, or phones without installing extra apps.

Related tools to explore

Expand your toolkit with other WizardOfAZ spells that complement Loan Calculator: