Loan Calculator
Calculate the monthly payment and total interest on a fixed-term loan.
Monthly payment
฿9,901
- Loan amount
- ฿500,000
- Total interest
- ฿94,036
- Total paid
- ฿594,036
How this is calculated
Uses the standard loan amortization formula, which spreads the loan into equal monthly payments over the term so that the balance reaches exactly zero at the end, given a fixed interest rate.
Frequently asked questions
Does this account for fees?
No — this is a pure amortization calculation on the loan amount, rate, and term. Processing fees, insurance, or other charges some lenders add aren't included.
What if my interest rate changes during the loan?
This assumes a fixed rate for the full term. A variable-rate loan's actual payments will differ if the rate changes.