METHOD
How this tool works
The payment is calculated with the standard fixed-rate amortisation formula.
CALCULATORS
Loan Calculator
Estimate monthly payments, total cost and interest.
FreeNo accountRuns locally
Monthly payment
Total repayment
Total interest
EXAMPLE
A quick check
A 10,000 loan at 6% for 3 years costs about 304 per month.
Designed for a single task.Inputs are processed in your browser; Utilens does not require an account or intentionally send your entered tool values to an application server.
Planning estimate. Rates, taxes, fees and real-world terms can change the result; verify important financial decisions with the relevant provider or adviser.
Quick answers
Does this include fees?
No. Add lender fees separately when comparing offers.
Can the rate be zero?
Yes. The amount is then divided evenly across the term.