Loan Calculator
Monthly payment, total interest and total cost of a loan.
Monthly payment
€200.38
Total interest
€2,022.77
Total paid
€12,022.77
Frequently asked questions
How is a loan payment calculated?
By the annuity formula: M = P · r · (1+r)ⁿ / ((1+r)ⁿ − 1), where P is the amount, r is the monthly rate (annual ÷ 12 ÷ 100) and n is the number of months. Every payment is equal.
How does this differ from the mortgage calculator?
This is for a general loan (personal, car) — you enter the amount directly. The mortgage calculator works from property price and down payment and shows a full amortization schedule.
Does it include fees and insurance?
No. It shows the payment on principal and interest only. The real annual cost (APR) may include processing fees, insurance and more — check the bank’s offer.