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Loan repayment size

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Loan repayment size diagram
calc
This calculation uses well-known equations to find the size of monthly repayments for a loan of a particular size at a particular interest rate, that is to be repaid in full in a given time. It also finds how much is repaid in total over the whole period.
Loan size
Interest rate% p.a.
Repayment timeyears

Monthly payment
Total amount repayed
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notes
Note that the "true interest rate" is not the same as the "nominal interest rate", since it depends on the frequency that interest is compounded. This calc assumes monthly compounding.
Another calc is available to find how large a loan can be taken based on the maximum monthly repayment that you can afford.
Mortgages are complex, and you should consult a professional for detailed advice before making any decision.