Our Loan Interest Calculator can help you determine the total interest over the life of your loan, as well as average monthly interest payments.
Simply enter the beginning balance of your loan as well as your interest rate. (Note: This calculator only applies to loans with fixed or simple interest.) Next, add the minimum and the maximum that you are willing to pay each month, then click Calculate. The results will let you see the total interest and the monthly average for the minimum and maximum payment plans.