ToolPlug Logo ToolPlug

Simple Loan Calculator

Calculate simple interest, total repayment, and monthly payment for personal or business loans.

Formula & Calculation Logic

Interest = Principal × Rate × Time

Inputs used by this tool

Enter values in the interactive controls when the page loads. The result depends on the assumptions and units shown for each field.

Input type: number
Input type: number
Input type: number

Data handling varies by tool. Review its notes and the Privacy Policy before entering sensitive information.