Loan Repayment Calculator

See how long it takes to repay a loan with a fixed monthly payment you choose, and the total interest you’ll pay.

Enter values

Result

Time to repay

4 yr 0 mo

Amortization schedule (yearly)

Period	Principal paid	Interest paid	Balance
Year 1	4,377.66	1,622.34	15,622.34
Year 2	4,788.31	1,211.69	10,834.04
Year 3	5,237.49	762.51	5,596.55
Year 4	5,596.55	271.2	0

See how long it takes to repay a loan with a fixed monthly payment you choose, and the total interest you’ll pay.

Also known as: how long to pay off loan, repayment period, loan payoff time.

Enter loan balance, interest rate, monthly payment.
The result updates instantly as you type — press Calculate (or Enter) at any time.
Review the breakdown shown under the main result.
Use Copy result or Share to save the answer or send a link with your inputs.

n = −ln(1 − rB/P) / ln(1 + r)

Using the values pre-filled in the calculator above:

the calculator returns: