# Loan Calculator

## Use this Loan Calculator tool to determine your monthly payment, interest rate, number of months or principal amount on a loan.

The FreeTinyTools loan calculator helps borrowers calculate amortized loans. These are loans that are paid off in regular installments over time, with fixed payments covering both the principal amount and interest. Our calculator shows you the total cost of a loan, expressed as the annual percentage rate, or APR. Loan calculators can answer questions and help you make good financial decisions.