Borrowing money involves more than knowing how much you can borrow. Interest rates, repayment terms, fees, and payment schedules can dramatically affect the real cost of a loan.
Legit Calc’s Loan Calculators help you estimate payments, compare loan options, and understand total borrowing costs before taking on new debt.
Featured Loan Calculators
π Auto Loan Calculator
Estimate vehicle payments based on price, down payment, interest rate, and financing term.
π΅ Personal Loan Calculator
Estimate monthly payments, total interest, and repayment costs for a personal loan.
π Student Loan Calculator
Estimate student loan payments and total repayment costs.
π Debt Consolidation Calculator
Compare multiple existing debts with a potential consolidation loan.
π Loan Payment Calculator
Calculate estimated payments for a variety of fixed-term installment loans.
βοΈ Loan Comparison Calculator
Compare loan payments, interest, terms, and total repayment costs side by side.
Browse Loan Calculators by Category
π Auto & Vehicle Loan Calculators
π Auto Loan Calculator
Estimate monthly auto loan payments and total financing costs.
ποΈ RV Loan Calculator
Estimate RV financing payments using purchase price, down payment, rate, and term.
π€ Boat Loan Calculator
Estimate monthly payments and borrowing costs for boat financing.
Explore Auto & Vehicle Loan Calculators β
π΅ Personal Loan Calculators
π΅ Personal Loan Calculator
Estimate payments and interest for an unsecured personal loan.
π Loan Payment Calculator
Calculate monthly loan payments using principal, interest rate, and repayment term.
π Debt Consolidation Calculator
Compare existing debts with a potential consolidation strategy.
Explore Personal Loan Calculators β
π Student Loan Calculators
π Student Loan Calculator
Estimate payments, repayment time, and potential interest costs.
β±οΈ Student Loan Payoff Calculator
Estimate how additional payments may change your payoff schedule.
π Student Loan Refinance Calculator
Compare an existing student loan with a potential refinance scenario.
Explore Student Loan Calculators β
π’ Business Loan Calculators
π’ Business Loan Calculator
Estimate payments and total borrowing costs for a business loan.
βοΈ Equipment Loan Calculator
Estimate financing payments for business equipment purchases.
Explore Business Loan Calculators β
ποΈ Specialty Loan Calculators
ποΈ Construction Loan Calculator
Estimate financing costs for construction projects.
π³ Land Loan Calculator
Estimate monthly payments for financing undeveloped or improved land.
π Balloon Loan Calculator
Estimate periodic payments and the remaining balloon balance.
Explore Specialty Loan Calculators β
Latest Loan Articles
How Loan Payments Are Calculated
Understand how principal, interest rate, and repayment term affect monthly payments.
Should You Consolidate Debt?
Learn when combining multiple debts may or may not make financial sense.
π₯ Popular Loan Calculators
Frequently Asked Questions
How is a loan payment calculated?
Payments are generally determined by the amount borrowed, interest rate, repayment term, and loan structure.
Does a longer loan term lower the payment?
Usually, but extending repayment may also increase the amount of interest paid over the life of the loan.
What is APR?
APR represents an annualized measure of borrowing cost and may incorporate certain loan fees in addition to interest.
Can I compare two loans with Legit Calc?
Yes. A Loan Comparison Calculator can compare payment amount, interest, repayment term, and total cost.