Finance Tools
Loan Interest Calculator
Calculate loan interest based on principal, interest rate, and time. Get total interest and total amount repaid.
Inputs
Results
Total Interest
$1,800
Total Amount Paid
$11,800
How to use this loan interest calculator
- Enter the loan principal (amount borrowed).
- Enter the annual interest rate (APR).
- Enter the loan term (in months or years).
- Choose interest type (simple or compound, if available).
- Click Calculate to see total interest and total repayment amount.
Example
For example, if you borrow $10,000 at 6% APR for 3 years, this calculator will show:
- Estimated total interest paid over the term.
- Total amount repaid (principal + interest).
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