used by people in more than 150 countries!
Total Loan Interest Calculator
This calculator will compute the total interest paid over the life of a conventional loan, given the loan amount (i.e., the present value of the loan), the periodic interest rate, and the number of payment periods.
Please enter the necessary parameter values, and then click 'Calculate'.
- The total amount of interest paid on a loan is the difference between the sum of all loan payments and the original amount of the loan.