Insights — Personal Finance

Loan Calculator

Calculate your monthly payment and the true cost of a loan — including the returns lost by borrowing instead of investing.

Loan Details

Loan Amount

Annual Interest Rate

type any rate or drag the slider

1% 3% 7% 15% 30%

Loan Term

Loan Summary

Monthly Payment

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Total Interest Paid

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Total Cost

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Opportunity Cost

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Assumed Annual Return

Every dollar in interest is a dollar that could be invested. The opportunity cost is what those payments would be worth if invested at a given return over the life of the loan.

Amortization Schedule