Finance & tax

Payment calculator

Find the monthly payment for a fixed-rate loan.

Let’s run the numbers

USD

Amounts use the selected country’s currency; switching country does not convert values.

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Fixed-rate monthly repayment estimate; term must be a whole number of months; lender rounding may differ. Equal-principal repayment is available for China; semiannual compounding for Canadian fixed mortgages. UK rates may change after a fixed deal. Enter your contractual rate, not a live market quote. Taxes, insurance, penalties and eligibility are excluded.

BEHIND THE NUMBERS

Formula & assumptions

M = P × r / (1 − (1 + r)⁻ⁿ)

Fixed-rate monthly repayment estimate; term must be a whole number of months; lender rounding may differ. Equal-principal repayment is available for China; semiannual compounding for Canadian fixed mortgages. UK rates may change after a fixed deal. Enter your contractual rate, not a live market quote. Taxes, insurance, penalties and eligibility are excluded.