Loan EMI & Monthly Payment Calculator (US, UK & Canada)
Calculate your monthly loan payment, total interest and total repayment for personal, car and home loans in the United States, United Kingdom and Canada – supports USD, GBP and CAD.
Enter your loan details
This can suggest common terms for US, UK and Canada loans – you can still customise years and rate.
Disclaimer: This loan calculator is for estimation only and does not replace advice from your bank or a qualified financial professional.
💡 Quick Guide
Enter loan details
Add the loan amount, annual interest rate and term in years (plus extra months if your bank uses them).
See the real cost
Instantly see your monthly payment, total interest paid and total repayment across the full loan term.
Compare across countries
Use USD, GBP or CAD to compare loan offers from banks and lenders in the US, UK and Canada.
❓ Frequently Asked Questions
This tool helps you understand the real cost of your loan. Enter your loan amount, annual interest rate and term in years and months. The calculator shows your monthly payment (EMI), total interest and total repayment for the entire loan in USD, GBP or CAD.
Yes. The formulas are standard and used worldwide. Choose your currency (USD, GBP or CAD), enter the interest rate and term from your bank and the calculator will estimate your payments.
Use the annual percentage rate (APR) or effective annual rate given by your bank or lender. If you are unsure, ask them which rate they use to calculate instalments in your country (US, UK or Canada).
The calculator focuses on the main loan amount and interest. Many banks in the US, UK and Canada add processing fees, insurance or taxes. Always read the loan agreement carefully and confirm the final payment schedule with your bank or lender.